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Globaltrans Investment subsidiary to issue RUB 15 billion of bonds
By Ashley Montgomery
Kansas City, Kan., Feb. 21 - Globaltrans Investment plc's wholly owned subsidiary, New Forwarding Co., will issue RUB 15 billion of three-year bonds in three tranches, according to an announcement.
The company said Moody's Investors Service rated the issue provisional B1 with a positive outlook.
Globaltrans is a private freight rail transportation group operating in Russia, with subsidiaries in Ukraine and Estonia. Globaltrans Investment is incorporated in Cyprus.
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