Feb. 15 Ust Luga intends to place the bonds in the volume of 600mln rub., the company informed.
600th bonds of 1th rub. par are to be placed through the open offering. The maturity period is set for 3 years.
The raised funds will be invested in the building of the port infrastructure. The project is appraised to demand 783mln rub.; 183mln rub. being invested out of own funds.
KIT Finance is an issue arranger. The bonds are backed by the Leningrad reg. budget.
Ust Luga Company is a consumer-builder of the Ust Luga Sea Port. The project is aimed to build the deepest port in the Baltic Sea.
The 2007-net profit is assumed to decline 20.2% to come to $4.98mln against prior year; the 2006-net profit was fixed to reach $6.242mln.
In 2006 RZHD bought back 8.5% in the above Company for 184.52mln rub.
600th bonds of 1th rub. par are to be placed through the open offering. The maturity period is set for 3 years.
The raised funds will be invested in the building of the port infrastructure. The project is appraised to demand 783mln rub.; 183mln rub. being invested out of own funds.
KIT Finance is an issue arranger. The bonds are backed by the Leningrad reg. budget.
Ust Luga Company is a consumer-builder of the Ust Luga Sea Port. The project is aimed to build the deepest port in the Baltic Sea.
The 2007-net profit is assumed to decline 20.2% to come to $4.98mln against prior year; the 2006-net profit was fixed to reach $6.242mln.
In 2006 RZHD bought back 8.5% in the above Company for 184.52mln rub.