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MTS given go-ahead to issue bonds

December 29, 2007 | RBC

The Russian Federal Financial Markets Service (FFMS) has registered MTS's issue and prospectus for registered interest-bearing non-convertible bearer bonds to be placed by public subscription, FFMS's press office reported today. The total amount of the issue is estimated at RUR30bn (approx. USD1.22bn).

According to the Service, MTS is planning to float 30m bonds at a par value of RUR1,000 (approx. USD40.58) each in three series with maturity period of five, seven, and ten years.

Gazprombank, ZAO Raiffeisenbank Austria, and Troika Dialog will act as the lead managers of the company's debut bond offering.

Company: Ukrainian Mobile Link

Full company nameClosed Joint-stock company "Ukrainian Mobile Link"
Country of riskUkraine

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