Alliance Oil Company announces proposed rouble bond offering

OJSC “Alliance” Oil Company, a subsidiary of Alliance Oil Company Ltd has announced a MRUB 5,000 bond offering. The proposed bond offering will be subject to market conditions. The Company targets an interest rate of 9.5-10.0 per cent per annum for a 10-year tenor with a 5-year put option.

The Company has mandated Raiffeisen Bank and Bank of Moscow for this transaction.

For further information please contact:

Arsen Idrisov, Managing Director, Alliance Oil Company, Tel.: +7 495 777 18 08
Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 611 49 90

Source www.allianceoilco.com