OREANDA-NEWS.  September 27, 2012. JSC “MOESK” closed successfully a bid book for the certified interest-bearing non-convertible commercial papers of series BO-01 with a maturity of 3 years (1,092 days) with the volume of RUR 5 bln. By the results of the bid book closing, a coupon rate is established in the amount of 8,80% per annum, which is lower than the initially declared diapason of 9,0–9,50% per annum, reported the press-centre of MOESK.

In the course of the book forming, 60 applications were filed from the Russian and foreign investors. The total demand exceeded RUR 18,7 bln, which is practically 4 times is more than the nominal volume of the issue.

On 21.09.2012 the settlements on a transaction under the bonds placement will take place at Stock Exchange MICEX.

GPB (OJSC) and CJSC VTB Capital came forward as the placement organizers.

As Deputy Director General for economics and finances of JSC “MOESK” Alexander Inozemtsev specified: “We believe that the placement results have become an evidence of the investors’ trust to the Issuer; the trust is preconditioned by a high level of profitability, by the improving figures of the operating efficiency and low debt load of the Company”.