It is reported that Joint Engineering Plants covered the bonds of the 5th issue released in the volume of RUB 1.5 billion and paid up the 10th coupon.

The payment demanded RUB 97.230 million. The issue includes 1.5 million of RUB 1000 par and 5 year maturity. The 1st coupon rate is set at 8.8% annually. The issue is arranged by Raiffeisenbank.

Joint Engineering Plants is the largest international heavy engineering company working the sphere of the engineering, production, sales and servicing of the equipment for atomic energetics, petrochemical, mining sectors and special steel makers.

It has the subs in Russia and Czechia.

(Sourced from AK&M)