OREANDA-NEWS. The placement of the second issue of bonds of OJSC “Koks” - one of the largest manufacturers of metallurgical coke in Russia took place on MICEX Stock Exchange.

As a result of the competition the rate of the first coupon has been established by the emitter at the rate of 8,70 % annual. At the same time, profitableness of bonds to three-year offer has made 8,89 % annual.

Organizers of the issue are VTB Bank and Raiffeisenbank. The agent on the placement is VTB Bank.

Bonds with the general face-value 5 billion roubles have term of circulation of 5 years. The issue stipulates for payment of semi-annual coupons. The rate of the first coupon as a result of the competition has been established by the emitter at the rate of 8,70 % annual.

The emitter plans to direct means from the placement of bonds for refinancing of current credit portfolio and financing of investment projects.