RIGroup to raise RUR8bn for investment projects in 2008
April 24, 2008 Interfax
OOO RIGroup plans to raise RUR8bn via issuing domestic bonds and project financing, according to Dmitry Kotlyarenko, the company’s CEO.
“We intend to raise RUR1.5bn via a bond issue in May-June 2008. Besides the company intends to raise loans in a number of banks in the framework of project financing. The proceeds will be used for construction of a number of shopping centres and business buildings, as well as refinancing outstanding debt obligations”, Dmitry Kotlyarenko explained.
Company — RIGroup
Full nameRussian Investment Group
IndustryConstruction and development