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Published on 10/20/2010 in the Prospect News Emerging Markets Daily.

New Issue: Russia's Wimm-Bill-Dann Foods sells RUB 14 billion non-convertible exchange bonds

By Marisa Wong

Madison, Wis., Oct. 20 - Wimm-Bill-Dann Foods OJSC placed 14 million of non-convertible exchange bonds, according to a 6-K filing with the Securities and Exchange Commission.

The bonds priced at par of RUB 1,000 for a total of RUB 14 billion and bear interest at 7.35% for the first four interest periods.

The bonds are putable, subject to the issuer's consent.

Moscow-based Wimm-Bill-Dann is a manufacturer of dairy products and beverages.

Issuer:Wimm-Bill-Dann Foods OJSC
Issue:Non-convertible exchange bonds
Amount:RUB 14 billion
Coupon:7.35% for first four interest periods
Price:Par
Announcement date:Oct. 19

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