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Published on : Friday, December 6, 2013
Eurobonds were issued in Reg S format. The book was comfortably covered; demand from more than 80 institutional investors from the U.K., Switzerland and other Western European countries, as well as major Russian state owned banks.
“We believe that the issue was successfully placed among the wide range of investors, which is confirmed by the secondary market trading: Domodedovo bonds have been trading above the offer price since the issue,” noted Sophia Sool, Co-Director, UBS Russia Investment and Banking Department.
The company is pleased with the results of the bond offering: the demand for securities was rather high. In addition, the Company managed to achieve the lowest coupon rate among the Russian infrastructure companies. The bond offering enabled the company to attract the necessary funds for its development program.
Source:- Domodedovo Airport