Sviaz-Bank Acts as Managing Underwriter of Bonds of Uralsviazinform
OREANDA-NEWS. August 10, 2009. Sviaz-Bank will act as managing underwriter, selling agent, and paying agent for ten issues of Series BO-01, BO-02, BO-03, BO-04, BO-05, BO-06, BO-07, BO-08, BO-09, and BO-10 to be floated by Uralsviazinform on the stock exchange to raise 10 billion rubles in all, reported the press-centre of Sviaz-Bank.
According to the resolution of the Board of Directors of Uralsviazinform, Ltd., the issuer plans to sell 1 million bonds in each issue by public subscription in 2009 to 2011. Each bond has a par value of 1,000 rubles, and each issue has a maturity of 1,092 days (3 years) from the selling commencement date.
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