The first warrant’s annual rate of JSC "Koks" was 8.7%

Demand for the Bonds of the Second Issue by JSC «Koks» exceeded supply by 60% 22 March 2007 OAO Koks issued bonds raising 5 billion rubles for 5 years. It was the second bond placement of JSC «Koks». As a result of the tender the first warrant’s annual rate was 8.7% and a 3 years profitability of the bonds was 8.89% annually. During the distribution JSC «Koks»  had 107 bids for 8.1 billion rubles in total which was 60% more than the offer. The issue was conducted by VTB Bank and Raiffeisen Bank. Co-organizers were ABN AMRO Bank, Commertsbank (Eurasia), Svyazbank, Soyuz Bank, NOMOS Bank, Bank Rossiyskiy Kredit, Absolyutbank. Co-underwriters were Alfa-Bank, BFA, Bank Credit Swiss (Moscow), MDM-Bank, URSA Bank, BIN Bank, Evrofinans Mosnarbank, IG Kapital, Bank URALSIB, Sberbank RF, Yuniastrumbank, Credit Bank of Moscow, Novikombank. The raised capital will be spent for financing of a number of investment projects and for refinancing of the existing debts.