OREANDA-NEWS. In the second quarter of 2007 the Company plans to place a bond issue worth 2 billion rubles to be redeemed in 2010-2011. The coupon yield will be paid every half a year. The coupon rate will be set on the day of placement.

In the fourth quarter of 2009 "UTK" PJSC plans to place another bond issue worth 4.4 billion rubles. Funds to be obtained from the bond issue will be directed to refinancing of the Company’s 03-series bond issue with maturity in October 2009 as well as to scheduled repayments of credits.

In 2008 the Company plans to obtain 140 million US dollars in the form credit derivatives (for example, CLN, TRS) from the international capital markets, with maturity in 3 years. The equivalent ruble interest rate under the loan is estimated at 9.0 – 9.2 % per annum.