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FFMS registered the debut issue of ULC bonds worth 1 bn rub.

June 7, 2006 AK&M

June 6, the Federal Financial Markets Service (FFMS) registered the issue and prospectus of Ural Leasing Center (ULC, Republic of Bashkortostan) first series bonds worth 1 bn rub., the Federal Service informed.

The state registration number of the issue is 4-01-02294-E.
The issue consists of 1 mln bonds of 1 th rub. par. They mature in 3 years.

ULC was founded in 2002. In 2004 the Company joined the 20 largest lessors in Russia. ULC is mainly engaged in finance lease of railway transport and petrochemical industry equipment.

In 2004 the Company placed the issue of 3-year CLN worth $40 mln. MDM-Bank was its arranger, Dresdner Bank was the original creditor, Salavatnefteorgsintez became security.

Issue — Urals Leasing Center, 8.875% 11apr2007, USD