Tele2 Russia Holding AB (BB+ by Fitch) announces the pricing of its rouble bond issue
Stockholm, Sweden, Apr 16, 2012 (Thomson Reuters ONE via COMTEX) --
Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today announced that OJSC Saint-Petersburg Telecom (Issuer), a subsidiary of Tele2 Russia Holding AB has closed the books and announced the pricing of a 6 billion rouble bond issue.
OJSC Saint-Petersburg Telecom, a subsidiary of Tele2 Russia Holding AB, has closed the books and announced the pricing of a 6 billion rouble bond issue. The bonds have a final maturity of 10-years and a put option providing for an effective tenor of 3 years. The books were priced at a coupon rate for the 3-year period set at 9.10 percent per annum. The Issuer's liabilities under the offering will be covered by irrevocable undertakings from Tele2 Russia Holding AB and Tele2 Financial Services AB.
Lead-Arrangers and Book-runners of the offering are Raiffeisen Bank and VTB Capital.
Ondra Partners have acted as financial advisors to Tele2 AB.
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45
TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST DEAL. We have 34 million customers in 11 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2011, we had net sales of SEK 41 billion and reported an operating profit (EBITDA) of SEK 10.9 billion
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Tele2 AB via Thomson Reuters ONE
Press release - http://hugin.info/133413/R/1602531/506372.pdf
[ Back To LatinAmerica.tmcnet.com's Homepage 's Homepage ]