The Company has significantly improved the conditions relating to the amortization of the Rouble Bonds’ nominal value, as well as coupon payments.
The Issuer plans to arrange the General Rouble Bonds holders Meeting in the second half of March 2015.
More detailed preliminary parameters of the Amendments to the conditions of the Rouble Bonds circulation and the schedule are presented on FESCO web site in the section http://www.fesco.ru/en/investor/
Contacts for investor/mass media requests:
Tel: +7 (495) 981 28 57
Tel: +7(495) 926 80 00
About FESCO Transportation Group
FESCO Transportation Group («B» — S&P, «B» — Fitch) is one of the leading
FESCO controls the Commercial Port of Vladivostok which has throughput capacity of 3.9 million tons of general cargo and oil products, 150,000 vehicles and over 600,000 TEU of containers. FESCO is among the 10 largest Russian private rail operators, providing services under «Transgarant» (100% subsidiary of FESCO) and «Russian Troika» (50% joint venture with JSC Russian Railways) brands. «Transgarant» operates a fleet of 16.6 thousand units of rolling stock, while «Russian Troika» operates a fleet of 1.7 thousand container platforms. FESCO has a fleet of 22 vessels, mostly deployed through own sea service lines, and 4 icebreakers leased under
Net debt as of
9M2014 revenue: $844.1 mln
9M2014 EBITDA: $123.3 mln