Kalashnikov to offer up to 7 bln rbl of 10-year exchange bonds
September 6, 2017 Prime
Russian arms producer Kalashnikov plans to place up to 7 billion rubles worth of 10-year exchange bonds, the company said in a statement on Wednesday.
The coupon rate should not exceed 10.9% annually. The issue has a buyback offer option of up to five years from the placement date.
Kalashnikov placed its debut exchange bonds amounting to 3 billion rubles in April with the first coupon rate set at 10.9%.
Company — Concern Kalashnikov
Full nameConcern Kalashnikov