No products in the cart.
MTS opens bond order book
Russian mobile operator MTS opened an order book for a US$1bn 10-year Eurobond issue on Monday, according to media reports.
Last Friday, media reports suggested that the operator had decided to hold back on its planned issue due to unfavourable market…
Russian mobile operator MTS opened an order book for a US$1bn 10-year Eurobond issue on Monday, according to media reports.
Last Friday, media reports suggested that the operator had decided to hold back on its planned issue due to unfavourable market conditions.
MTS spokesperson Josh Tulgan said: “The bond issue has not been postponed. We finished the roadshow last Friday and we’re currently evaluating our options. This is all I can say at this point.”
BoA Merrill Lynch, Credite Suisse and RBS are managing the issue.
MTS is one of the three largest mobile operators in Russia, competing with VimpelCom and MegaFon.
