Transneft covered the 5th coupon of the 2d issue, the company informed.
The coverage demanded 3.229bn rub. in total (92.25 rub./pcs). The 2d issue in the volume of 35bn rub. was placed in 2009. The bonds of the 10-year maturity are backed by Sibnefteprovod. The 1st coupon rate is set at 11.75% ann.
Transneft (TIN 7706061801) is a monopolist on the crude oil exports market. It keeps 48.505ths km of oil pipelines.
The share capital is worth 7.102mln rub. split in 5546847 common and 1554875 preferred stocks of 1 rub. par. The government has 78.1057% (100% voting); preferred stocks are held by the private persons.
The IQ 2013 net profit (IAS) declined 22% to 46.524bn rub.; revenues rose 1.4% to 183.871bn rub. from 181.35bn rub.; operating profit - 65.752bn rub.
from 63.755bn rub.
The 2012 net profit (RAS) declined 4.4% to 10.652bn rub. from 11.142bn rub.; revenues moved up 8.6% to 687.139bn rub. from 632.78bn rub.