Tatarstan placed Eurobonds of $250 mln

“Edel Capital” company, which obligations are guarantied by JSC “Svyazinvestneftekhim” and Republic of Tatarstan, has placed Eurobonds of $250 mln with annual interest 7.7%. Invest bank “Dresdner Kleinwort Wasserstein”, who acted as a lead-manager of the placement, stated this news to “AK&M”. Redemption of the bonds is fixed for August 3, 2015, put option is planed for 2012.

International Rating agency “Fitch Rating” assigned “Edel Capital S.A.”s issue “LPN” the expected rating “BB”.