Russia's Severstaltrans talks expected $150 million three-year issue at 8½%

By Aaron Hochman-Zimmerman

New York, June 14 - Severstaltrans Group released talk of 8½% for its expected $150 million offering of three-year notes.

Pricing is expected Friday.

The notes have a put option after two years.

ING will run the books for the Regulation S deal from the rail, port services and transportation company which operates in Russia, CIS and Baltic states.

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