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Dalsvyaz telecoms co. floats $130-mln bonds

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MOSCOW, June 8 (RIA Novosti) - Dalsvyaz (RTS: ESPK) has completed flotation of D2 and D3 series bonds worth a total of 3.5 billion rubles (about $130 million), the telecommunications company in Russia's Far East said Thursday.

Dalsvyaz, majority-owned by state-run telecommunications holding Svyazinvest, said it had placed its bond issues on the stock exchange of the Moscow Interbank Currency Exchange.

"Bonds were floated through public subscription," Dalsvyaz said.

The D2 series includes 2 million bonds with a par value of 1,000 rubles each and a six-year maturity.

The D3 series includes 1.5 million bonds with a par value of 1,000 each and a three-year maturity.

The issue was registered by the Federal Service for Financial Markets on May 4 and assigned state registration No. 4-11-30166-F.

Svyazinvest holds 50.6% of voting shares in Dalsvyaz and 38.1% of its charter capital. Foreign investors hold more than 25% in the company's charter capital.

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