OREANDA-NEWS. July 19, 2012. TRANSNEFT JSC to full extent and in due time accomplished retirement of two Eurobonds issued for the sums of 500 million USD and 700 million Euro.

TransCapitalInvest Limited, a specialized company registered in Ireland, issued the bonds on June 2007. The fixed rate of the warrant amounted 6.103 per cent and 5.381 per cent of annual interest accordingly.

The funds attracted by means of floating the Eurobonds were forwarded by the Company for financing building of the Eastern Siberia – Pacific Ocean pipeline system.

TRANSNEFT's successful fulfilment of its obligations in due time confirms its high creditability and the Company’s reputation as a reliable partner at the international capital market.