15 Apr 2011 18:55

Oboronprom to start placing debut bonds April 22

MOSCOW. April 15 (Interfax) - Defense concern Oboronprom plans to start placing a debut bond issue worth 21.09 billion rubles on April 22, the issuer said in a statement.

VTB Capital took orders for the 9-year bonds back in February 7-17, and placement on the MICEX was due on February 21, but then postponed indefinitely.

The bonds will refinance investment loans issued by Gazprombank, Alfa-Bank and VTB .