IFC METROPOL Acts as Joint Lead Manager for OJSC MOESK Bond Issue
IFC METROPOL acted as a co-organizer of OJSC Moscow United
Electric Grid Company (OJSC MOESK) bonds Series BO-01 issue
amounting to 5 bln RUB with 3 years’ maturity.
The bid book was closed on 19 September 2012. The coupon rate was
set at 8.80% per annum, which is lower than the originally
announced 9.0-9.50% per annum.
60 applications from Russian and foreign investors were received
during the book compilation. The total demand exceeded 18.7 billion
rubles, which is almost 4 times the rated issue.
Organizers of the transaction: Gazprombank, VTB Capital.
Co-organizer: IFC METROPOL
OJSC MOESK is a specialized grid company whose main activity is
providing paid services for electric power distribution in the city
of Moscow and the Moscow region through the implementation of
organizational and technology-related activities, ensuring the
transmission of electrical energy through technical devices of
their own power grids.
The Group includes six battery plants and business units developing and introducing new technologies, and distributing products.
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year