OREANDA-NEWS. October 21, 2015. The Board of Directors adopted a decision to issue corporate bonds of the Company to effectively raise debt financing in Q4 2015 and throughout 2016, in order to implement and finance the investment program of the Company, its working capital, as well as optimize debt capital profile.

Mostotrest in October 2015 intends to file for registration with the Central Bank of Russia of eight 10-year corporate bond issues with a total nominal value of RUB100 billion. VTB Capital will act as the arranger of the bond issues.

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Mostotrest is a major, diversified infrastructure construction company, with established presence in all core and related market segments, and a participant in Russia’s first public-private partnership projects. According to EMBS Group, an independent industry consultancy, in 2014 Mostotrest held a 13.4% share of the total Russian transport infrastructure construction market.

Mostotrest’s core competences include construction and reconstruction of bridges, roads and other transport infrastructure facilities; provision of road maintenance, repair and operating services. In 2012, Mostotrest also entered a new segment: management of road concessions.

The company was established in 1930 as a developer of complex and oversized bridges.

Mostotrest is currently participating in implementation of a number of complex transport infrastructure development projects, such as construction of the Section 4 (km 208 – km 258) and Section 6 (km 334 – km 543) of the M-11 "Moscow – St Petersburg" Toll Highway, construction and reconstruction of the M-4 "Don" and M-9 "Baltic" highways, construction of Businovskaya Interchange in Moscow, Bor Bridge in Nizhny Novgorod and Voroshilovsky Bridge in Rostov-on-Don.