6 Feb 2013 16:05
RZD Eurobond issuer RZD Capital registers as PLC
MOSCOW. Feb 6 (Interfax) - OJSC Russian Railways (RZD) - RZD Capital Ltd (Ireland), which issues all the monopoly's Eurobonds, has re-registered as a public limited company (PLC), Sberbank CIB analyst Sergei Goncharov said in a report.
"Demand on the Swiss exchange is mostly from a small number of individual investors and the minimum volume for deals is 5,000 Swiss francs, while according the Irish legislation the minimum amount of deals for private companies is set at 100,000 Swiss francs," he said.
"All other Russian companies that issue Eurobonds denominated in Swiss francs have already resolved this issue: Sberbank , VTB (