Russian Railways Wins International Financial Media Awards
OREANDA-NEWS. June 25, 2013. The publication EMEA Finance has awarded a prize to the first rouble Eurobond ever issued in the history of Russian Railways in the category Best rouble bond in 2012.
In 2012, Russian Railways placed two Eurobonds denominated in roubles - a principal and an additional issue totalling 37.5 billion roubles with a 7-year term at 8.3% per annum. The bond had the longest maturity and was the largest ever issued on the rouble Eurobond market.
In addition, Euroweek also awarded the Company a prize in the category Most impressive emerging market corporate borrower for 2012. This was the first prize ever awarded to Russian Railways which was not for a specific transaction, but for its overall results on the financial markets. It is one of the most prestigious nominations since it underlines the Company's impeccable reputation on the international capital markets.
These prizes mark the third consecutive year in which independent financial publications have recognised the Russian Railways' work the international bond markets.
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