January 31, 2008 |
|TGK-4 will buy back 40-50% of the first bond issue worth 5bn rub. in accordance with a buyback offer, the company informed.|
At the BOD sitting Jan. 23 the buyback of the issue from the holders disapproving the restructuring in the form of the merger with TGK-4 Holding and NGRES.
TGK-4 placed the bonds in full through public offering on the MICEX in June 2007 (5mln bonds of 1ths rub. par).
The issue was arranged by Gazprombank; co-arrangers: Deutsche Bank, Goldman Sachs, Dresdner Bank, Credit Swiss Ferst Boston, etc.
TGK-4 involves 11 regional energos including Belgorodskaya, Bryanskaya, Voronezhskaya, Kaluzhskaya, Kurskaya, Lipetskaya, Orlovskaya, Ryazanskaya, Smolenskaya, Tambovskaya and Tulaskaya energy companies. Besides, it has 26 power plants in the structure with 3324 MW in the capcaity. It has the sale companies under control as well.
The share capital is worth 13.96bn rub.; 47.32% being held by UES. The IH net profit (RAS) gained 535.4mln rub.; revenues - 12.562bn rub..
Issue: TGC-4, 01
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||PJSC Quadra Generating Company|
|Country of risk||Russia|
|Country of registration||Russia|