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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%.
  • Full name
    Concern Kalashnikov
  • Registration country
    Russia
  • Industry
    Engineering industry