RZHD is going to start allocation of the BO-13th in the volume of 25bn rub. Oct. 14, the company informed.
The issue includes 25mln bonds of 1ths rub. par and 20-year maturity.
They will be placed through the open offering on MICEX.
The bid book will be opened Oct. 10 till 04.00 a.m. (Moscow).
VTB Capital is an underwriter.
Russian Railways (TIN 7708503727) was set up in 2003 on the basis of the communications ministry. 100% are held by the state; the network covers 85.5ths km.
The IH 2012 net profit (IAS) at RZHD moved up 11% to reach 74bn rub.
from 67bn rub. prior year. The revenues added 5% to come to 745bn rub.
against 710bn rub. prior year; the operating profit gained 86bn rub. vs.
69bn rub. prior year period. EBITDA added 13% to come to 211bn rub.; EBITDA margin reached 28% from 26%). The capital investments increased 11% to gain 215bn rub. vs. 194bn rub.
The IH 2013 net profit rallied down 4.3 fold (RAS) to 8.238bn rub. from 35.791bn rub. prior year; revenues added 0.2% to gain 678.038bn rub. from 676.754bn rub
"AK&M", 18:48, 07.10.2013 1251 AKM,COR