Severstal planning 80 bln rubles in bonds
MOSCOW. June 22 (Interfax) - Directors at Severstal have given the green light to plans to offer up to 50 billion rubles in four series of three-year commercial papers in the form of exchange bonds and 30 billion rubles in three series of ten-year bonds, the steel company said in a statement.
Exchange bonds series Bo-06 and Bo-07 will each be 15 billion rubles in volume and Bo-08 and Bo-09 will each be 10 billion rubles.
The 2nd-series of ordinary bonds will be 15 billion rubles, 3rd series - 10 billion rubles and 4th series - 5 billion rubles.
Severstal has Bo-01 worth 15 billion rubles, Bo-02 - 10 billion rubles and Bo-04 - 5 billion rubles outstanding. It has registered but not yet placed Bo-03 - 10 billion rubles and Bo-05 - 5 billion rubles.