Freight One mulls RUR10bn bond issuance in 2011
December 7, 2010 Prime-TASS (translated by Cbonds)
OAO Freight One is eyeing RUR10bn bond issuance in 2011, according to a source in the company cited by Prime-TASS. The company plans to sell the bonds in 2 tranches worth RUR5bn each. The proceeds will be used for purchasing rolling stock and participation in the tender for acquisition of SG-Trans. The source also noted that “the parent company might also want to receive the dividends”.
Company — Freight One
Full nameJSC Freight One