OREANDA-NEWS. May 21, 2010. In connection with recent media reports about a possible further Eurobond, the Russian Railways press service makes the following statement:

On 1 April, 2010, Russian Railways completed the placement of its debut issue of seven-year Company Eurobonds totalling USD1.5 billion with a coupon rate of 5.739% per annum. The securities were listed and began trading on the Irish Stock Exchange.

The Company originally planned to place Eurobonds amounting to USD1 billion, but during the placement, the volume was increased by USD500 million to USD1.5 billion.

Russian Railways has no plans currently to place Eurobonds.

Statements by Company president Vladimir Yakunin have been wrongly interpreted by the media.