Russian Railways to place USD 600mn eurobonds in mid-March.

By bne IntelliNews January 14, 2011
State-owned railroad monopoly Russian Railways intends to place USD 600mn Eurobonds from Mar 15-25, a source in the company told PRIME-TASS. Russian Railways plans to offer the Eurobonds in the U.K., Germany, Switzerland, and France, according to earlier reports. As earlier reported, Russian Railways planned to issue about USD 300-600mn worth of eurobonds in 2011. The source added that the monopoly planned to publish its IFRS results for the first half of 2010 in mid-February.

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