Transaero places bonds at 12% coupon

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Transaero Airlines has placed its series BO-03 bonds on the Moscow Interbank Currency Exchange (MICEX) at 12% annual coupon rate.

The 3 billion rubles domestic bonds have a five-year maturity.

The placement was arranged by Bank Otkritie, Nomos-Bank, Promsvyazbank, Bank BFA.

The issuance is part of a 13.5 billion rubles domestic bond programme.