MTS to start placement of 750 mln rbl commercial bonds May 15

MOSCOW, May 11 (PRIME) -- Russian mobile operator MTS will start placement of 750 million rubles of 182-day commercial bonds on May 15, the company said in a statement on Friday.

The first quarterly coupon amounts to 6.8% annually.

MTS said on Monday that its 750 million ruble bonds will be placed under private subscription in favor of Sberbank CIB.

(62.5229 rubles – U.S. $1)

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