RAO UES to float bonds on MICEX

22.10.2002 07:46

The Russian energy giant RAO UES of Russia will issue its bond on the Moscow Interbank Currency Exchange (MICEX) today. The volume of the issue will be 3bn rubles (about $95m), a source in the Trust and Investment Bank, the manager of the issue, reported to RBC.

RAO UES will issue 3 million documentary interest-bearing bearer bonds at the nominal value of 1,000 rubles (about $31.55). The bonds will mature in 1,095 days. The issue will include six coupon payments at the rate of 15 percent a year.

&to=http://www.rao-ees.ru/en/' target=_blank>RAO-UES

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