MTS starts RUB 20 bln bond offering

Thursday 8 March 2018 | 15:56 CET | News

Russian mobile operator MTS has placed a RUB 20 billion bond emission on the Moscow Exchange. The annual interest rate of the 001P-05 series totals 7.10 percent, with a maturity of 3 years and 6 months. Tthe rate of the 001P-06 series is 7.25 percent, with a maturity of 7 years.

BCS GM, Raiffeisenbank and Gazprombank acted as underwriters for the offering. The funds will be used to pay back debt and for corporate needs.

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