Sistema-Hals Announces Date of Its Rouble Bond Placement
OREANDA-NEWS. On April 08, 2009 Sistema-Hals (LSE, MICEX, RTS: HALS), a major Russian real estate company, announced that the placement of its rouble bond public offering is scheduled for April 14, 2009, reported the press-centre of Sistema.
The Company plans to issue RUB 3 billion in bonds with maturity in 2014. Lead Arranger of the bond is ZAO Raiffeisenbank.
Funds raised through the placement will be used for debt restructuring.
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