18 Sep 2009 13:20

Rosnano may issue 180 bln rubles in bonds over 5 yrs

MOSCOW. Sept 18 (Interfax) - The Rosnano state corporation might issue up to 180 billion rubles in bonds over five years, including 53 billion rubles in 2010, the Rosnano said in materials.

The maximum issue volume might total 39 billion rubles in 2011, 28 billion rubles in 2012, 30 billion rubles in 2013, 20 billion rubles in 2014 and 10 billion rubles in 2015.

Rosnano's plans to finance programs totaling 310 billion rubles in 2008-2015, of which it will provide 130 billion rubles from internal funds formed when Rosnano was created.

The company expects the bonds will be included on the Lombard list, Rosnano head Anatoly Chubais said at a press conference on the first anniversary of his arrival at Rosnano.

It was reported earlier that the federal budget will provide 65 billion rubles to cover the company's funding deficit, of which 35 billion rubles is to be repaid in 2011 and 30 billion rubles in 2012.

Rosnano plans to invest roughly 286 billion rubles up to 2015, including 213.9 billion rubles in production projects.

Those parameters are set out in the long-term development program contained in a draft government resolution. Chubais expects the resolution will be signed by Prime Minister Vladimir Putin in October.

"I believe that the government resolution will be issued before the end of October and everything will be put in its place," Chubais said.

Rosnano was founded on July 19, 2007. The state corporation is the co-investor for nanotech projects with significant economic or social potential. The Rosnano's financial participation in the initial stages of a project will reduce the risks to its partners in the project, private investors.

Rosnano participates in creation of nanotech infrastructure facilities, such as centers for collective use, business incubators and funds to provide seed capital.