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Rostelecom places Rbs15bn high-yield bond

Connectivity BusinessbyConnectivity Business
September 19, 2016
in Space Services, Strategy and Markets
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Russian state-controlled telco Rostelecom has placed Rbs15bn (US$232.3m) of high-yield notes on the Moscow Stock Exchange to refinance existing debt. The bonds, which were oversubscribed with overall demand reaching more than Rbs46bn (US$711.8m), carry a coupon rate of 9.2% per annum. Russian state-controlled telco Rostelecom (MCX:RTKM) has placed Rbs15bn (US$232.3m) of high-yield notes on the Moscow Stock Exchange to refinance existing debt. […]

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Tags: BashinformsvyazEuropePremiumRostelecomSberbankTF249VimpelComVTB Capital
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