Board of Directors of MBRD Passed Resolution on Securities Placement
OREANDA-NEWS. February 15, 2008. A resolution on securities placement (series 02 and 03 bonds) was passed by the Board of Directors of MBRD, reported the press-centre of MBRD.
According to the meeting results, bonds will be placed with public offer for subscription in two tranches. Total amount of securities is 6,000,000 shares with a par value of 1,000 RUB each.
“MBRD obtains funds for expanding its functionality. This securities’ emission will allow us to diversify our assets, bring new retail investors and vary range of services for customers”, noted Sergey Zaytsev, Chairman of the Management Board.
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