The shareholders of the investment bank KIT Finance, owned by Russian Railways, at the extraordinary general meeting on 29 June approved the sale of shares Rostelecom, the report says the bank.
In particular, shareholders approved the transaction between CIT Finance and the Agency for Deposit Insurance of repurchase 218 600 000. shares of Rostelecom (29.9% of the total) at a price of 230 rubles per share, the total transaction amount to 50.278 billion rubles.
was also endorsed by the transaction between the bank and the State Corporation Bank for Development and Foreign Economic Activity of the repurchase VEBom 71 400 000 shares of Rostelecom (9.798% of the total number of ordinary shares) at a price of 230 rubles per share, the total transaction - 16.442 billion rubles.
The shareholders also approved the transaction between CIT Finance and Railways. It is expected that the Railways will provide the bank subordinated loan of 10 billion rubles by 7.5% per annum, the loan to be repaid within five years from the date it is granted. In addition, CFR will provide KIT Finance loan of 12 billion rubles by 7.5% per annum.
was also approved the issuance of debt secured by collateral, the Agency for Deposit Insurance. Loan size - 47 billion rubles, the rate will be 6.5% per annum. The subject collateral is, in particular, mortgages to the mortgage loans, the right to claim for credit contracts, as well as bonds of Rumba SA
The shareholders also approved increasing the authorized capital of the bank up to 5 billion rubles by the additional issue of 200 million shares of nominal value of 10 rubles each. It is anticipated that the additional issue to purchase the company Transfinkapital - the structure of NPF welfare that is included in group RZhD.
Futures on the RTS index is able to easily climb to 87 000 items
Oil prices are now quite significant test support at the points near $ 61 a barrel
During the day the players will closely monitor output reporting Goldman Sachs and macroeconomic statistics from the United States
Keep the growth of stocks on the basis of yesterday's trading session today will not be easy
Under favorable developments can be expected to rebound on the market before the 950-980 points on the MICEX index
In the energy sector will continue to play against RusGidro - a recent favorite market could suffer from the new tariff plans
Industrial metals on the London bid in a few went up, interrupting the chain falls
Review of the FOREX market for 13.07.09
Trades in the United States on Monday ended in the growth stock index
Deposit Insurance Agency and VEB bought out CIT Finance action Rostelecom for 66.7 billion rubles
The shareholders of the investment bank KIT Finance, owned by Russian Railways, at the extraordinary general meeting on 29 June approved the sale of shares Rostelecom, the report says the bank.
In particular, shareholders approved the transaction between CIT Finance and the Agency for Deposit Insurance of repurchase 218 600 000. shares of Rostelecom (29.9% of the total) at a price of 230 rubles per share, the total transaction amount to 50.278 billion rubles.
was also endorsed by the transaction between the bank and the State Corporation Bank for Development and Foreign Economic Activity of the repurchase VEBom 71 400 000 shares of Rostelecom (9.798% of the total number of ordinary shares) at a price of 230 rubles per share, the total transaction - 16.442 billion rubles.
The shareholders also approved the transaction between CIT Finance and Railways. It is expected that the Railways will provide the bank subordinated loan of 10 billion rubles by 7.5% per annum, the loan to be repaid within five years from the date it is granted. In addition, CFR will provide KIT Finance loan of 12 billion rubles by 7.5% per annum.
was also approved the issuance of debt secured by collateral, the Agency for Deposit Insurance. Loan size - 47 billion rubles, the rate will be 6.5% per annum. The subject collateral is, in particular, mortgages to the mortgage loans, the right to claim for credit contracts, as well as bonds of Rumba SA
The shareholders also approved increasing the authorized capital of the bank up to 5 billion rubles by the additional issue of 200 million shares of nominal value of 10 rubles each. It is anticipated that the additional issue to purchase the company Transfinkapital - the structure of NPF welfare that is included in group RZhD.
Futures on the RTS index is able to easily climb to 87 000 items
Oil prices are now quite significant test support at the points near $ 61 a barrel
During the day the players will closely monitor output reporting Goldman Sachs and macroeconomic statistics from the United States
Keep the growth of stocks on the basis of yesterday's trading session today will not be easy
Under favorable developments can be expected to rebound on the market before the 950-980 points on the MICEX index
In the energy sector will continue to play against RusGidro - a recent favorite market could suffer from the new tariff plans
Industrial metals on the London bid in a few went up, interrupting the chain falls
Review of the FOREX market for 13.07.09
Trades in the United States on Monday ended in the growth stock index