Mobile operator Tele2 Russia has confirmed it is set to issue ‘Series 07’ domestic 10-year bonds valued at Rbs6bn (US$202.5m).
A Tele2 Russia spokesperson confirmed that its subsidiary OJSC Saint-Petersburg Telecom opened the books today and is…
Mobile operator Tele2 Russia has confirmed it is set to issue ‘Series 07’ domestic 10-year bonds valued at Rbs6bn (US$202.5m).
A Tele2 Russia spokesperson confirmed that its subsidiary OJSC Saint-Petersburg Telecom opened the books today and is expected to issue the bonds, which will have a put option in the third year, on 17 April.
Tele2’s partners in the bond issuance are VTB Capital and Raiffeisenbank.
Fitch has assigned Tele2 Russia’s Series 07 bonds an expected ‘BB+(exp)’ long-term senior unsecured rating and an ‘AA(rus)’ national long-term rating.
It said it will assign a final rating upon receipt of documentation confirming information already received.
