Russia's Magnit plans RUB 5 million placement of three-year bonds

By Susanna Moon

Chicago, March 27 - OJSC Magnit said it placed RUB 5 million of its BO-08/BO-09 series interest-bearing nonconvertible certified bonds at par on Tuesday.

The notes will mature in 1,092 days, or about three years, according to a company press release.

The placement date has been set for April 2.

Krasnodar, Russia-based Magnit is the holding company for a chain of supermarkets and convenience stores.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.