OREANDA-NEWS. November 27, 2009. Atomenergoprom is going to place two issues of the bonds, the company informed. The 30bn rub. worth primary issue includes 30mln papers of 1ths rub. par. The expiration date is fixed on Feb. 15, 2014.The second issue should be placed in the volume of 30bn rub.

The bonds will be placed through the collection of the bids on the acquisition at the fixed price. The placement agent is Sberbank. Some part of the raised funds will be spent to cover the credits; remained - to finance the invesment programs of subs and Rosatom-held entities.

The Company intends to issue 10 series of the bonds of the 5-year maturity.

The total volume of the issues gains 195bn rub. The 30bn rub. worth issues will be placed on MICEX.

Atomenergoprom is a state company of the full cycle which deals with the desining, building and operation of the atomic power plants, modernization and repair of the nuclear sets, researches in the atomic energy sphere etc.

It covers 89 atomic power entities.
The share capital is worth 3.4bn rub. split in 3.4mln common stocks of 1ths rub. par each. All stocks are held by the state corporation Rosatom. The reserved fund covering 5% of the share capital is under formation now through the annual deductions in the volume of 5% of the net profit up to the fixed amount. It will be used to cover the losses and bonds.

It involves now TVEL (17% of the nuclear fuel world market), Tekhsnabexport (40% of the uranium market), Atomenergomash, Atomredmetzoloto, Energoatom Concern (former Rosenergoatom) involving 10 atomic power plants.

The 2008-revenues gained 290.5bn rub.; in IH the figures reached 146.5bn rub.; net profit 14.4bn rub.