September 6, GT-TETS Energo to start floating its fourth bond issue worth RUB 2 bn.
August 31, 2006 AK&M
GT-TETS Energo is planning to start floating its fourth bond issue worth RUB 2 bn on September 6, as the Company informs.
The issue will be placed by public offering on the MICEX. It consists of 2 million bonds of RUR 1,000 par. They mature in 3 years. Sberbank and CIT Finance IB are the arrangers.
The Federal Financial Markets Service (FFMS) registered the issue on June 22. Its state registration number is 4-04-50012-А.
April 22, the Company placed the third issue of its bonds worth RUR 1.5 billion on the MICEX. The first coupon rate was determined at 12.04% per annum. The issue comprises 1.5 million 3-year bonds of RUR 1,000. The International Bank of Moscow was its arranger and underwriter.
GT-TETS Energo belongs to Energomash Group of Companies. The Company was established to realize the project of building multiunit autonomous gas-turbine heat and power plants (TETS). Energomash (UK) Ltd. (London) is the Company's shareholder with 60.1% interest in EnergomashCorporation.
Issue — GT TETS Energo, 04
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —