Transaero Airlines is to tap the domestic bond market with a 2.5 billion rubles ($76 million) bond issuance on the Moscow Interbank Currency Exchange (MICEX) next week.
The issuance, series BO-02 bonds, have a three-year maturity. Sberbank, IC Troika Dialog are the issue managers while Sberbank and Sberbank CIB are the bookrunners.
Transaero placed 3 billion rubles series BO-03 bonds at a 12% coupon rate in late October. The bonds have a five-year maturity.
The issuance is part of a 13.5 billion rubles domestic bond programme.