OOO “water Concession” made the decision to place the bond issue of 05 series, said in a statement.
The Issuer plans to place by public subscription 1.1 million bonds with a nominal value of 1,000 rubles each. The total volume of issue at nominal value will amount to 1.1 billion rubles. The maturity of the securities will be 14 years, provided for depreciation repayment of par value.
A bond issue is placed in the concessionary agreement concerning systems of municipal infrastructure (centralized system of cold water supply and wastewater disposal) on the territory of the municipal district of the city-hero Volgograd.
The issue is in the framework of the program bonds totaling 7.5 billion rubles. Earlier in the programme, the Issuer has placed four issues of bonds of 6.4 billion.