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Home > News > Rusnano Considers $1.7 Billion Bond Sale From Third Quarter

March 15th, 2010

Rusnano Considers $1.7 Billion Bond Sale From Third Quarter

Abstract:
Russian Nanotechnologies Corp., the state holding company known as Rusnano, plans to sell the equivalent of $1.7 billion in bonds beginning in the third quarter to fund expansion and new projects.

The bonds will be similar to quasi-sovereign bonds "because the state will guarantee them," Chief Executive Officer Anatoly Chubais said in an interview in Singapore today. "We'll start to do this in the third quarter of this year, and our target amount is $1.7 billion."

Source:
businessweek.com

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