OREANDA-NEWS. June 28, 2011. OJSC Enel OGK-5 successfully completed placement of commercial papers of the BO-18 series worth 5 billion rubles with a 3-year maturity period.


During the marketing, 30 investor offers with coupon rates ranging from 7.00% to 7.50% were received. Total demand reached 10.4 billion rubles. As a result of the placement, the coupon rate for the issue was set at 7.10% p.a., with 23 investor offers accepted. The commercial papers were included in MICEX Quotation List A1.

The papers are issued to refinance the bond issue maturing in September 2011.

The arranger for the commercial papers issue is IC “Troika Dialog”, IFC METROPOL participates with a status of leading co-organizer, ZAO UniCredit Bank participates with a status of co-organizer.

OJSC OGK-5 was registered in Yekaterinburg on October 27, 2004. On July the 7th of 2009 OJSC OGK-5 was rebranded to OJSC Enel OGK-5 by the decision of the General Shareholders’ Meeting. The production affiliates of Enel OGK-5 are: Konakovskaya GRES, Nevinnomysskaya GRES, Sredneuralskaya GRES and Reftinskaya GRES. The total installed capacity of the company’s production assets is 8672 MW for electric power, and 2242 GCal/h for heat. The share capital of Enel OGK-5 totals 35,371,898,370 roubles and is divided into ordinary shares with the nominal value of 1 rouble. The stake of the Federal Agency for Federal Property Management in the share capital of the company is 26.43%, the stake of Enel Investment Holding B.V. – 55.86%, the stake of minority shareholders (including EBRD) – 17.71%. Enel OGK-5’s shares are listed in Quotation List A1 of MICEX and Quotation List A2 of RTS.


Founded in 1991, Troika Dialog is the leading full service investment house and asset management firm in Russia. The company’s business consists of securities sales and trading, investment banking, private wealth and asset management, retail distribution and alternative investment. Troika Dialog’s operations are located in 21 cities across Russia plus offices in London, New York, Kyiv, Almaty and Nicosia.