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.

Related Articles

Russias participation in Cyprus bail-out under question.

As Cyprus is trying to come up with new ways to raise EUR 5.8bn needed to secure the financing from ECB, EC, and IMF, Russia's participation in the package is not clear. According to the latest ... more

Fitch: Russian banks risks in Cyprus limited.

Fitch Ratings believes that resolution of the Cyprus crisis with a deposit levy or some other form of burden sharing involving creditors is unlikely to result in material losses for Russian ... more

Sources: Russia could triple oil exports to China.

Russia and China discuss contracts that would triple exports of Siberian oil through various transport corridors, Reuters reports citing unnamed sources in the industry. Rosneft is discussing ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335