15 Jun 2011 15:12

Correction: OGK-5 to start collecting applications for 5 bln rubles in exchange bond series BO-18 on June 23

(OGK designation corrected in headline)

MOSCOW. June 15 (Interfax) - Generating company OJSC Enel OGK-5 will open the bid book to acquire exchange bond series BO-18 worth 5 billion rubles on June 23, Troika Dialog , the placement's organizer, said in its materials.

The guidance on the issue's first coupon comes to 7.5%-7.75%, which corresponds to a yield on redemption at 7.64%-7.9%.

The applications will be accepted until 5:00 pm Moscow time, June 27. The placement is slated to take place on the MICEX by open subscription on June 29.