OREANDA-NEWS. October 08, 2010. One of Russia’s largest distilled spirit producers, Synergy, floated a RUB 3 bn issue of series 1 commercial bonds on the MICEX. The bond matures in 3 years. Coupons 1-4 were set after book building at 9.75% per year.

Books were open from September 20 to October 5. The issue allows for the premature redemption by holder’s request. MDM Bank was the issue paying agent. The company plans to use the bond proceeds to refinance its current debts.