Tele2 Russia CFO Lyudmila Smirnova has said the company may consider a bond issue of Rbs15bn to Rbs20bn (US$480.6m to US$640.9m).
Speaking at a press conference on Tele2 Russia’s third-quarter results, Smirnova said such a sum could be optimal for the…
Tele2 Russia CFO Lyudmila Smirnova has said the company may consider a bond issue of Rbs15bn to Rbs20bn (US$480.6m to US$640.9m).
Speaking at a press conference on Tele2 Russia’s third-quarter results, Smirnova said such a sum could be optimal for the company if it does decide to go ahead with a bond issue. A proposal on the matter has been submitted to shareholders, she explained.
A company spokesperson today stressed that Tele2 Russia, part of the Swedish Tele2 group, does not have any concrete plans to issue bonds.
The Russian unit’s last bond issue was in April, when it placed US$202.5m of series 07, 10-year domestic bonds with a coupon of 9.1% per annum for the first three years.
