Состоялось размещение облигационного займа ОАО «ТГК-1» серии 04

On March 11, 2012, TGC-1 has successfully completed issuing 10-year bonds of series 04 at MICEX. The bonds were completely sold out in the market.  

The volume of the issue is 2 million bonds with a nominal value of RUR 1,000 each for a total amount of RUR 2 billion. The first coupon rate was fixed at 7.6%. IC Leader acted as a bond issue manager. The funds received from the bonds placement will be allocated to financing the Company’s Investment Programme.

The bonds issue was registered by FFMS of Russia on December 8, 2012. The bonds are to be repaid on the 3,640th day from the bonds issue’s start date. The state registration number of the issue is 4-04-03388-D.

For Reference:

            TGC-1 (Company) is a leading producer and supplier of electric and heat power in the North-West Region of Russia and is the third largest of Russia's territorial generating companies for its installed capacity.

         TGC-1 has a total of 55 power plants in four regions of Russia: Saint Petersburg, the Republic of Karelia, and in the Leningrad and Murmansk regions. As of the end of 4Q 2011, TGC-1’s installed electric capacity was 6,837.1MW and installed heat capacity was 14,616.0 Gcal/h. Hydroelectric generating facilities account for 42.6% of the Company's installed capacity.

         Gazprom Energoholding is a controlling shareholder of TGC-1 with 51.79% of the Company’s shares. Fortum Power and Heat Oy, a Finnish concern owns 25.66% of shares.

         Three TGC-1's bonds of series 01 - 03 are traded at MICEX. 11-14th coupon rate of the bond 01 to be repaid on March 11, 2014 is 7.6% per annum, 5-8th coupon rate of the bonds 02 to be repaid on July 1, 2014 is 6.7% per annum, 1st coupon rate of the bonds 03 to be repaid on December 14, 2021 is 10.3% per annum.