Siberia | Finance, business

Siberian Leasing Company floats $30m in bonds

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.
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Tags: bond (762) / MICEX (360) / Siberian Leasing Company (0) / Natalya Lipka (0) /

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