print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Financial Corporation "Sistema" REGISTER LOG IN

Press Releases > Financial Corporation "Sistema"  all about the company

company search
all press releases
all Financial Corporation "Sistema" press releases

Financial Corporation "Sistema"

November 11, 2002

Sistema JSFC to issue first bond loan

SISTEMA JSFC is expanding its presence on the ruble debt market. On October 23, 2002 the presentation of the first bond loan of SISTEMA JSFC was held at the National Hotel. (The emitter is SISTEMA Finance Investments JSC, a 100% -owned subsidiary of SISTEMA JSFC). The flotation of interest documentary bonds of SISTEMA Finance Investments will get underway on November 5, 2002. The series 01 bonds will be payable to bearer. There will be 1.2 million bonds with the face value of 1,000 rubles each. They will be valid for two years and every six months a coupon yield will be paid out. An offer to redeem bonds in one year after the flotation starting date will be issued. The interest rate of the first and second coupons is to be the same and it will be determined at an auction to be held on the Moscow Interbank Foreign Currency Exchange on the day of starting the bond flotation. The interest rates of the third and fourth coupons are set at 15% per annum. Raiffeisenbank Austria is the sponsor and underwriter of the issue. The issue financial consultant is the Moscow Bank of Reconstruction and Development JSCB. Proceeds from the bond loan flotation are to be used for financing projects of SISTEMA JSFC in construction, microelectronics and retail.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer