Kalashnikov concern considers issuing debut Russian bonds

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Kalashnikov concern considers issuing debut Russian bonds
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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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