Russia's Kuzbassrazrezugol talks dollar-denominated two-year bonds at 9¼% area

By Reshmi Basu

New York, June 30 - OAO Coal Co. Kuzbassrazrezugol, via ING Bank NV, is issuing a dollar-denominated offering of two-year bonds, according to a market source.

Price guidance for the proposed issue is in the area of 9¼%.

Krutrade AG Vienna is guaranteeing the Regulation S issue.

Kuzbassrazrezugol, one of the largest Russian coal producers, is located about 2,000 miles east of Moscow.

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