The First Cargo Company (PGK) BOD decided to place the 3d-6th issues of the bonds in the total volume of 40bn rub., the company informed.
The 10bn rub. worth issues will include 10mln bonds of 1ths rub. par and 10-year maturity each. They will be placed through the open offering.
PGK (TIN 7708643971) is an operator of railway carriages in Russia. It keeps 190ths wagons, gondolas and platforms of different types. The regional network covers 14 branches. Besides, there are JVs in Ukraine and Finland.
PGK covers above 20% on the carriages market in Russia.
The volume of carriages in IQ 2013 increased 20% to 58.6mln ton.
The 2012-net profit (IAS) moved up 44.6% to 37.961bn rub. from 26.258bn rub.; revenues - 3.2% to 121.081bn rub. from 117.373bn rub.
The 2012-net profit (RAS) rallied up 67.7% to 34.426bn rub. from 20.523bn rub. prior year; revenues moved up 3.7% to 119.526bn rub. from 115.226bn rub