Southern Railroads to place H-M bonds of UAH 890 mln

Southern Railroads plan to place bonds of series H-M totaling UAH 890 million. The yield is 13.5% on series H through J, while the size of coupon payments and redemption of principal is linked to the official rate of US dollar. Bonds of series K - M have a yield 23.5%. The tenor of all issues is 3 years. Series K - M offer a put option after 1.5 years. The bonds are guaranteed by the South-West, Southern, Pridneprovskaya and Lvov Railroads.

• Status
  early redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  1,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  Southern Railroads
• Industry
  Transportation