Friday, October 4, 2013

Today, February 22, the agency Standard

Bond rating of the Tomsk region of 1.4 billion rubles. affirmed at "ruA +" | misinformers
Today, February 22, the agency Standard & Poor's announced that it affirmed on the Russian scale "ruA +" internal log burners issue of senior unsecured notes of Tomsk Oblast (Russia national scale rating: ruA +) of 1.4 billion rubles. log burners (About $ 57 million) The output has been increased by 1 billion rubles. log burners (From $ 400 mln.). Bonds with the redemption procedure and reduced fixed coupon will be paid off in 2012, says the agency's report, received by the Agency "RosFinKom." Placement of additional issue will be held March 12, 2008; annually in 2010-2011 will be repaid over a quarter of the principal amount, log burners and the other half - in 2012, "The proceeds from the bond issue will be used to refinance existing debt and fund capital expenditures," - said credit analyst at Standard & Poor's log burners Boris Kopeikin. Bond rating is rated areas on a national scale credit rating. Rating Tomsk region "ruA +" reflects the high dependence of a single taxpayer - the oil company "Tomskneft" (not rated), as well as the decisions log burners of the federal government, expenditure pressures and the high level of debt. Rating log burners level is supported by expectations of faster economic growth, rising incomes of the budget and high quality control.


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