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October 28, 2011

Investment and Financial Company METROPOL acts as a chief co-organizer in the issue of bonds by FSC EES OJSC

Investment and Financial Company METROPOL acted as a chief co-organizer in the issue of the 15th series of optional 3-year bonds by FSC EES OJSC for the amount of 10 bln. rubles with the period of circulation making up 12 years. The issue was successfully completed on October 24, 2011.
The transaction arose interest in the investment community: as of the moment of closing the bid book was over-subscribed by 2.5 times in comparison with the previously planned placement scope. The issuer made a decision to satisfy 60 bids from the investors.
The bonds were distributed among a wide range of investors including banks, investment and managing companies. About 25% of the total demand was represented by foreign investors.
The final rate of a coupon at the moment of placement was set at the lower limit of marketing range – at the level of 8.75% per annum.
The transaction was organized by the following companies: Renaissance Capital, Gasprombank, VTB Capital, Sberbank of Russia.  Investment and Financial Company METROPOL acted as a chief co-organizer, another co-organizer was Troika Dialog.
FSC EES OJSC was founded in accordance with the program of Russian energy sector reformation as an organization in charge of the management of the Unified national (All-Russia) electrical network (UNEN). The main areas of its activities are the following: UNEN management, rendering of services to wholesale energy market players, especially the services of electrical energy transfer and connection to electrical networks; investment activities in the field of UNEN development, maintenance of electrical networks; technical supervision of the state of network objects. In 2010 UNEN networks supplied 470,648.072 kW/h of energy. FSC EES OJSC is also a player on corporate bonds market. Before the issues of series 13, the bonds of series 02 and 04 for 7 bln and 6 bln rubles, respectively, were in circulation, and the term of circulation made up five years.
Investment and Financial Company METROPOL was founded in 1995. It provides broker services, participates in the transactions of reorganization, enterprises sale and purchasing, attraction of debt and share capital, realization of assets, financial and corporate consulting. The company is experience in public (IPO, SPO) and closed securities allocation. National rating agency confirmed individual credibility rating of Limited Liability Company Investment and Financial Company METROPOL at AAA level (maximal credibility).


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"METROPOL" Investment Financial Company Ltd.
Phone: 8 (495) 933-3310
Address: 13 bld 1 Donskaya str, Moscow, Russia 119049