30 Oct 2009 16:19

MMK to offer 33 bln rubles in bonds

MOSCOW. Oct 27 (Interfax) - Magnitogorsk Iron & Steel Works (MMK) has decided to offer five series of exchange bonds worth a total of 33 billion rubles, the Russian steel major said in materials.

Series BO1, BO3 and BO4 will each total 5 billion rubles, series BO5 - 8 billion rubles and BO-2 - 10 billion rubles. All series will mature in three years and carry a put option.