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Kalashnikov concern considers issuing debut Russian bonds

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Kalashnikov concern considers issuing debut Russian bonds

Kalashnikov concern is studying the possibility of issuing debut Russian bonds, three sources in the financial market told Interfax news agency.


“Currently, Kalashnikov pre-negotiates with potential organizers and investors the possibility of issuing Russian bonds,” one of the agency’s interlocutors said.

“Kalashnikov is a hard borrower, primarily because of the sanctions. A final decision on bond issue and the structure of the transaction is still pending,” - another source noted.

“Since Kalashnikov has never had bonds before, the debut volume of placement is hardly to exceed 3-5 billion rubles,” – one more source in the financial market pointed out.

The press office of Kalashnikov concern declined to comment on this information.

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