Friday, November 4, 2016

Domodedovo placed Eurobonds worth $350 million Росбалт.RU

DME Airport Designated Activity Company controlled by Domodedovo, issued Eurobonds worth $ 350 million maturing in 2021 and a coupon of 5,875% p. a. In the institutional investor base includes the largest banks and investment funds from Russia, Switzerland, UK, USA and the Asia-Pacific region. The listing of Eurobonds will be on the Irish stock exchange, reported on the website of the company.

“Despite the deteriorating conditions in the financial markets, the issue attracted strong demand from foreign investors. The successful result of this issue allowed the company to expand its investor base and will enable the company to continue to build a yield curve in international markets loan capital,” — are reported words of the head of debt capital markets at UBS in the region of Central and Eastern Europe, middle East and Africa Ranko Milic.

Clarifies that the listing was on the Irish stock exchange. The placement of steel ING Bank, Societe Generale Corporate &Investment Banking and UBS Limited.

“the Demand for company papers has exceeded the offer almost three times. Investors presented for early redemption of the papers with circulation up to 2018, $ 78.6 million,” — said in turn the Director of external relations and relations with investors Domodedovo Denis Nuzhdin and added that the funds raised will be used to redeem outstanding bonds and to Finance the construction of a new passenger terminal T2.

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