Uralsvyazinform Summed Up Auction to Select Arranger for Bond Issue
OREANDA-NEWS. On 11 February 2009 was announced, that Uralsvyazinform held a public auction to select a financial organization to provide services to arrange its issues of tradable bonds. The total amount of the issues was fixed at Rub 10 bln.
All in all, five applications were received for the auction. According to the terms of the auction, the starting (maximum) price of the agreement to provide financial services to arrange the issues of tradable bonds stands at Rub 25 mln.
Interregional Commercial Bank for Development of Telecommunications and Data Processing (AKB Svyaz Bank) was named the winner after it placed the final bid for Rub 125,000 (not including VAT).
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