OREANDA-NEWS. July 05, 2010. OJSC Enel OGK-5 has successfully placed at MICEX commercial papers of the BО-15 series, worth 4 billion rubles, with 3 years maturity period and a put option 2 years after the placement date.

 During the auction 81 investor offers with coupon rate ranging from 7.45% to 8.50% p.a. were received. Total demand reached 18.5 billion rubles. The first coupon rate for the issue was set at 7.50% p.a. The rate of coupons 2-4 is equivalent to the first coupon rate. The coupon period is 182 days. The commercial papers were included in MICEX Quotation List A1.

 The arranger for the commercial papers issue is the Closed Joint-Stock Company “Investment Company “Troika Dialog”.

 The aim of the placement is refinancing the expiring issues of commercial papers and extending their duration.