NLMK to plan to place 10-year bonds for 5 billion rubles on October 14
Edited by Rhod Mackenzie / 2013-10-07 03:46:11
On October 14th of 2013, Novolipetsk Steel (NLMK) plans to place 10-year stock bonds of the 13th series (BO-13) to the amount of 5 billion rubles by public subscription at the MICEX Stock Exchange, the company reports.
Today NLMK opens the order book on purchase of bonds of the BO-13 series.
The indicative coupon rate is 8.25-8.5% per annum (the yield to put is 8.42-8.68%).
The offer on bonds is intended in 4 years.
