The placement of Transaero’s funded loan to the amount of $84,15 mln (2.5 billion rubles) with a put date in year and a half after the beginning of placement has taken place at MICEX Stock Exchange on March 6th 2012, the airline’s press-service reports. AEX.ru
More than 50 orders on acquisition of Transaero’s BO-01 series stock obligations have been submitted by the investors. The repayment period for BO-01 series stock obligations is three years (1092 days). The coupon rate of interest for the stock obligations is 12.5% per annum.
The joint bookrunners are Sberbank, Troyka Dialog and Promsvyazbank.
The level 2 participants are RGS Bank (underwriter), MInB (co-underwriter), Russian Standard (underwriter), NOTA-Bank (underwriter).
Deputy CEO and Head of Finance Department of Transaero, Evgeny Temyakov, noted: «The raised funds will help complete the modernization of Boeing 767 and Boeing 747 aircraft and they will also be used for fitting 65 airline’s jets with in-flight broadband internet access for increasing the comfort and quality of service provided to our passengers. These moves will surely strengthen the company’s competitive positions, will help attract additional passenger traffic and will increase the efficiency of Transaero’s operating activities. We thank all the investors for giving credence to our airline».
