FSK UES bought back 21.1% of the 6th issue released in the volume of 10bn rub., the company informed.
2710414 bonds appraised to worth 2.712bn rub. were bought back all in all in line with the issue prospectus.
This issue was placed in 2010 (10mln bonds of 1ths rub. par and 10-year maturity). The 1st coupon rate is set at 7.15%. The issue was arranged by Gazprombank, VTB Capital.
FSK UES (TIN 4716016979) is an operator and owner of the Russian Integrated National Electric Network (ENES). It was registered in 2002. It provides operation of 121ths km of electric lines and 800 substations of above 305ths MW in capacity.
The stocks are traded on the public market. 79.48% of the share capital are held by the state; remained - by the minority.
The IH 2013 net losses gained (IAS) 10.919bn rub. vs. 3.978bn rub. in profit prior year. The revenues rose 13.33% to 75.826bn rub. from 66.909bn rub.; operating profit being down 31.1% to 10.551bn rub. from 15.313bn rub.; pretax losses coming to 11.241bn rub. vs. 4.635bn rub. in profit prior year.
The IH 2013 net losses (RAS) increased 242.05 fold to 4.659bn rub. from 19.247bn rub. prior year; revenues added 12.75% to come to 74.816bn rub.
from 66.356bn rub.; profit from sales dropped 14.93% to 9.961bn rub. from 11.71bn rub.; pretax losses coming to 573.35mln rub. vs. 4.642bn rub. in profit prior year.