AvtoVAZ will place 3bn rubles ($98m) in bonds on MICEX in the fourth quarter of 2003, sources in the Russian automobile manufacturer told RBC. The bonds will mature in 4.5 years. It is planned to issue 3m bonds with a 1,000-ruble (about $32.8) par value.
AvtoVAZ issued 1bn rubles ($32.8m) in bonds on February 21, 2003. The bonds' maturity period was 360 days.
In 2003 the company assembled 702,966 automobiles. This year AvtoVAZ is planning to produce about 690,000 automobiles. The company's net income was 700.4m rubles ($22m) in 2002.
In June, the Baltic States will hold BALTOPS and Saber Strike 2018 drills. A US Armored Brigade will be deployed in Europe for the purpose - no less than 4,000 soldiers
The import of liquefied natural gas from the United States will not grow, even if Germany exits the Nord Stream-2 project, German Minister of Economy and Energy Peter Altmeier said