Vologda region picking arranger for RUB4.6bn bond

July 3, 2012
The Vologda region has launched a tender to pick an arranger for its RUB4.6bn bond, according to tender documents. Bids are accepted till July 30. Results of the tender will be announced on August 6. The issue amounts to RUB 4.6bn. It has a tenor of up to 5 years. On June 29, 2012 Moody's Investors Service downgraded the Vologda region's foreign and local currency issuer ratings to Ва3 from Ba2. The outlook on the ratings is stable.
Company — Vologda region
  • Full name
    Vologda Oblast Government
  • Registration country
    Russia