Globaltrans unit gets up to RUB 100 billion 20-year bond program

By Tali Rackner

Minneapolis, Jan. 17 – Globaltrans Investment plc's wholly owned subsidiary, JSC New Forwarding Co., obtained an up to RUB 100 billion 20-year exchange-traded bond program, according to a press release.

The program expands the sources of funding and flexibility available to the group to finance its corporate needs, the release said.

Globaltrans is a private freight rail transportation group operating in Russia, with subsidiaries in Ukraine and Estonia. Globaltrans Investment is incorporated in Cyprus.

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