Sistema-Hals raises EUR 67m in bond issue to pay down debt

By A staff reporter 2009-04-14T00:00:00

Russian real estate developer Sistema-Hals announced on Tuesday that it has fully placed three million bond securities with par value of 1,000 roubles (EUR 22.57) each. The bonds mature in 2014, the company said. The placement was lead-managed by Zao Raiffeisenbank and the proceeds, a total of EUR 67 mln, ...

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