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Home Business Markets

First foreign issuer to sell corporate bonds on the MICEX SE

The FINANCIAL by The FINANCIAL
December 12, 2011
in Markets
Reading Time: 1 min read
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The FINANCIAL — Uranium One Inc. will place its bonds on the MICEX SE . Uranium One Inc. is the first foreign corporate issuer to make a public offering of securities in Russia.

On November 10, 2011, the Federal Financial Markets Service of Russia registered the prospectus of Uranium One Inc. and decided to admit two series of bonds of Uranium One Inc. totaling 29 billion rubles to public placement and public circulation in the Russian Federation.

 

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The issuer specified December 7, 2011 as the date of placement of Series 01. The total face value of the Series is 16.5 billion rubles.

 

Uranium One Inc. is a Canadian company and one of the world’s largest uranium producers with a primary listing on the Toronto Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.
The company has a globally diversified portfolio of assets located in Kazakhstan, the United States and Australia.

 

With a 51% ownership stake, Uranium One’s major shareholder is JSC Atomredmetzoloto which is a wholly owned subsidiary of Rosatom, the Russian State Corporation for Nuclear Energy.

 

 

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