Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

VimpelCom Issues Ruble Bonds Of RUB 25 Bln - Quick Facts

RELATED NEWS
Trade VIP now with 

VimpelCom Ltd (VIP: Quote) announced that OJSC VimpelCom closed the books for the placement of its non-convertible interest-bearing documentary bonds of the 01 and 04 series with a total amount of RUB 25 billion or US$845 million. The bonds mature in 10 years with a put option in 3 years. As a result of the placement the coupon rate was set at 8.85% per annum.

Settlements under the deal will take place upon bond placement on MICEX on March 20, 2012. Alfa Bank, Raiffeisen Bank and Troika Dialog are acting as Lead Managers and Joint Bookrunners on OJSC VimpelCom bonds offering.

The company noted that the proceeds of the offering will be used for OJSC VimpelCom's general corporate purposes including refinancing of the existing debt.

Click here to receive FREE breaking news email alerts for VimpelCom and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.