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Russian Railways to place Eurobonds

February 18, 2008 | RBC

Russian Railways intends to issue Eurobonds worth at least $1bn in the first half of 2008, the railway company's President Vladimir Yakunin told journalists in Novosibirsk today. He pointed out that a Russian Railways delegation was scheduled to visit London in March, when the Eurobonds were projected to be floated, and that the terms of the offering were even better than when the company secured its first syndicated loan.

Russian Railways is also planning to raise a total of RUB 125bn (approx. USD 5.08bn) on the domestic market this year, including RUB 80bn (approx. USD 3.25bn) worth of bonds, Yakunin stated.

Company: RZD

Full company nameRussian Railways
Country of riskRussia
Country of registrationRussia
IndustryTransportation

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