4 Aug '08
Novosibirsk-based Siberian Leasing Company intends to place at MICEX $30m worth of three-year bonds, the firm said earlier today.
An expected coupon rate is between 13.5 and 14.5 percent, Executive Director Natalya Lypka says.
An operation manager has not been disclosed.
Between $4m and $6m will be assigned to refinance a higher (over 16 percent) interest portfolio (with a total portfolio accounting for about $106m), while the rest will be funding new deals.