Moscow Efes Breweries to issue RUR 6 billion in two-part bond offering

By Reshmi Basu

New York, March 2 - Moscow Efes Breweries plans to issue a RUR 6 billion offering of bonds in two tranches, according to a press release.

Both tranches will be comprised each of RUR 3 billion in three-year bonds.

Proceeds from the sale will be used for the restructuring of debt.

The issuer is the Moscow-based subsidiary of Amsterdam-based Efes Breweries International NV, which is a brewing group with operations in Southeast Europe, Central Asia and Russia.

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