Press Releases
20.09.2012
Comment on a Decision made by BoD of OJSC TransContainer
On 19 September 2012 the Board of Directors of JSC “TransContainer” approved documentation (including Decisions on issuance and Prospectuses) as well as a number of transactions related to the forthcoming issuance of the following debt instruments:
- interest-bearing non-convertible amortising bonds series 03 in the amount of up to RUR 3 billion with a five-year maturity. The bonds will be redeemed in four equal semi-annual installments within the fourth and fifth years;
- interest-bearing non-convertible amortising bonds series 04 in the amount of up to RUR 5 billion with a five-year maturity. The bonds will be redeemed in four equal semi-annual installments within the fourth and fifth years;
- interest-bearing non-convertible bonds series BO-01, BO-02 and BO-0303 in the amount of up to RUR 3 billion, RUR 5 billion and RUR 3 billion respectively with a three-year maturity each.
The approved issuance program is aimed at refinancing of the existing Company’s indebtedness. The choice of a specific bond issue will be made subject to market conditions. The overall volume of debt issuance for 2013 will not exceed RUR 5 billion.