February 26, 2008 | Cbonds
|Brokerage company Region and OAO Baltinvestbank are to arrange a bond issue for the Volgograd region. The issue will amount to RUR 1bn, its expected maturity is 5 years.|
“Arranging sub federal and municipal bonded loans is one of interesting and promising activities we have recently been working at”, commented Alexey Kuznetsov, BC Region’s CEO. “Our positive experience in the field of underwriting numerous municipal and sub federal bond issues will enable the company to provide good results as the issue arranger for one of the oldest issuers in the Russian market”.
Baltinvestabnk’s vice-president Eugene Litvin characterized the upcoming issue as promising. He expects investors to react positively to the long and flawless credit history of the issuer.
Company: Volgograd region
|Full company name||Committee of Finance of the Volgograd region|
|Country of risk||Russia|
|Country of registration||Russia|