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Otkritie mulls 2 bond issues in 2011

December 13, 2010 | Prime-TASS (translated by Cbonds)

Otkritie Financial Corporation mulls two 3-year bond issues in 2011, according to Mikhail Avtukhov, head of fixed income at Otkritie. The company is considering a RUR5bn bond issuance. In January 2011 the board of directors will discuss Series 01 bonds amounting to RUR2bn or more. Then the company intends to tap the market with Series BO-01 exchange bond issue worth RUR2bn or more. The issues will be sold through public offering.

Company: Bank OTKRITIE (doesn't exist)

Full company nameBank OTKRITIE
Country of riskRussia
IndustryBanks

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