STLC prepares a bond program for 500 billion rubles

STLC prepares a bond program for 500 billion rubles

STLC is preparing a bond program for 500 billion rubles

The board of directors of PJSC State Transport Leasing Company (STLC) has approved a RUB500bn 002R series bond program, the company said.

The bond program is unlimited.

Bonds under the program can be placed for up to 15 years.

Currently, STLC is placing bonds under the 001ла series program in the amount of up to 151 billion rubles, registered by the Moscow Exchange in August 2016. In September 2019, the volume of the program was increased to 255 billion 770 million rubles or the equivalent of this amount in foreign currency. Under the perpetual program, bonds can be placed for up to 15 years.

There are 23 issues of exchange-traded bonds of the issuer in circulation in the amount of 188.8 billion rubles and 2 issues of exchange-traded bonds nominated in dollars for the amount of $ 274.1 million.

STLC supplies machinery and equipment for leasing for aviation, transport companies and enterprises of other industries. The sole shareholder of the company is the Russian Federation, the management is carried out by the Ministry of Transport.

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