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Inter RAO UES Preparing Debut Bonds for RUR 10Bn

02-08-2007
Reuters

 

Inter RAO is preparing a debut ten years' bond issue for 10 billion roubles, according to the company's documents based on the results of a meeting of its Board of Directors.

Inter RAO does not disclose the purpose of the issue in the materials.

Inter RAO is an electric power export and import operator, a subsidiary of RAO UES (60 per cent) and Rosenergoatom Concern (40 per cent).

Earlier, RAO UES head Anatoly Chubais said that Inter RAO may conduct an IPO in 2008.



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