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OPK Oboronprom OAO to Issue RUB 2.927 Billion Bonds-PRIME


Wednesday, 28 Aug 2013 09:11pm EDT 

PRIME reported that the Board of Directors of OPK Oboronprom OAO (Oboronprom) has approved an issue of 10-year RUB 2.927 billion bonds under a public subscription, the Company said in a statement. The issue is backed by state guarantees. It will have put and call options. Oboronprom will use the funds to finance the research and development of civil aircraft engines. The Company currently has RUB 23.6 billion of outstanding bond issues. 

Company Quote

3.41
-0.02 -0.58%
9:51am EST