RZD Debut Issue of Eurobonds Recognized One of Best Deals
OREANDA-NEWS. February 10, 2011. Last year’s debut issue of Eurobonds by Russian Railways has been recognised as one of the best transactions in 2010 in Eastern Europe by Euroweek’s annual competition of the best deals of the previous year. The winners in various categories are determined by the editors based on the voting results of the leading investment banks involved in the international debt markets, reported the press-centre of RZD.
The debut Eurobond issue of Russian Railways was recognised as one of the winners in the category "Best Deal of 2010 in Eastern Europe".
At the end of 1Q2010 the Company completed one of the most important transactions in its history when it placed its debut USD1.5 billion Eurobond at 5.74% per annum with a maturity of 7 years. The issue was 9.5 times oversubscribed.
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