1 Oct 2009 15:47

Grid holding mulls 5 bln rubles in bonds in 2010

MOSCOW. Oct 1 (Interfax) - The Inter-District Grid Company Holding (IDGC Holding) is thinking of offering 5 billion rubles in infrastructure bonds in 2010, the holding's chief, Nikolai Shvets, told reporters.

The holding is planning to borrow a total of 30 billion rubles in 2010, Shvets said.

It is also negotiating state loan guarantees, and is assessing the credit policy of its subsidiaries with a view to further borrowing.