Russian Railways to buy back $250 mln Eurobonds of 3 series

MOSCOW, Nov 18 (PRIME) -- Russian Railways plans to buy back Eurobonds of three series for a total of U.S. $250 million in equivalent, the company said in a statement on Monday.

Russian Railways plans to buy back U.S. dollar Eurobonds with maturity in 2022 and 2024, and an issue in British pounds maturing in 2031.

The 2022-issue bonds will be bought at $1,075 per paper. The 2024 issue at $1,065 and of the 2031 issue at 1,345 pounds per security.

There are $960.018 million of a 2022 bond in circulation, $395.901 million of the 2023 paper and 650 million pounds of the issue maturing in 2031.

The company will announce the results no later than November 27.

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