20 Jul 2009 13:11

RZD to begin placing 40 bln rubles in bonds July 27

MOSCOW. July 20 (Interfax) - Russian Railways (RZD) will begin placing a 17th, 18th and 19th series of bonds totaling 40 billion rubles on July 27, RZD reported.

The 17th and 18th series consist of 15 million 1,000-ruble bonds and the 19th consists of 10 million 1,000-ruble bonds. The bonds will be sold in an open placement on MICEX.

The 17th series is for nine years, the 18th for 10 years and the 19th for 15 years.

VTB Capital, Gazprombank, Sberbank Russia , TransCreditBank and Troika Dialog are the organizers.

There is no provision for early redemption of the bonds at the issuer's discretion.

The Federal Financial Market Service (FFMS) registered the 13th-19th series of RZD infrastructure bonds, each totaling 15 billion rubles, in January 2009. RZD has already placed the 13th-16th series.

The third series and the 6th-12th series totaling 99 billion rubles are also in circulation.

RTS$#&: RZHD, SBER, TCBN, TROY