Major Parameters of Public Debt Instruments
In August 2006 PHAETON Holding Company placed its debut bond issue. The issuer of the bonds was Faeton-Aero-Finance, Ltd., a company set up to finance current and future transactions of Faeton-Aero, a company within PHAETON Holding Company.
The bond issue was valued at RUR 1,000,000,000.
Issue targets:
- Additional financing of current assets;
- Restructuring of the credit portfolio;
- Acquisition of core assets within the framework of the investment program;
- Maintaining public credit history and improving market capitalization of the Company.
Bond Issue
In August 2006 PHAETON Holding Company placed its debut bond issue. The issuer of the bonds was Faeton-Aero-Finance, Ltd., a company set up to finance current and future transactions of Faeton-Aero, a company within PHAETON Holding Company.
The bond issue was valued at RUR 1,000,000,000.
Issue targets:
- Additional financing of current assets;
- Restructuring of the credit portfolio;
- Acquisition of core assets within the framework of the investment program;
- Maintaining public credit history and improving market capitalization of the Company.
Major Bond Issue Parameters
| State Registration Number | 4-01-36146-R |
| Registration Date | May 11, 2006 |
| Issuer | Faeton-Aero-Finance |
| Guarantor | Faeton-Aero |
| Types of Bonds | Documentary bonds payable on demand with obligatory centralized safe-keeping |
| Issue Volume | RUR 1,000,000,000 |
| Nominal Value | RUR 1,000 |
| Circulation Period | 3 years |
| Coupon Payments | Bonds have six coupon periods |
| Interest / Payment term |
1st Coupon Rate 10.5 % / 01.02.2007
|
| Date of Placement | 03.08.2006 |
| Redemption Date | 30.07.2009 |
| Placement Option | Public offering |
| Underwriter | VneshTorgBank Retail Services |
| Payment Agent | National Depository Center NPO |
| Issue Administrator | FB MMVB |
| Depository | NDTS |
| Bond Designated Purpose |
• Financing of investment projects of Faeton-Aero, Ltd., a parent company; |
• Issue Resolution
• Issue Prospectus
• Information Memorandum
• Issue Results Report
