OREANDA-NEWS. May 16, 2012. Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest diversified publicly-traded investment company in Russia and the CIS, priced its Loan Participation Notes in the amount of USD 500 million with an annual interest rate of 6.95% and a maturity in May 2019.The notes will be rated BB- by Fitch and BB by S&P, reported the press-centre of Sistema.

The notes will be issued by Sistema International Funding S.A., a societe anonyme incorporated in Luxembourg, and are expected to be listed on the Irish Stock Exchange. The proceeds from the offering will be used for general corporate purposes.

The issue was lead managed by Deutsche Bank, Morgan Stanley and VTB Capital.