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Published on 3/28/2012 in the Prospect News Emerging Markets Daily.

Russia's Acron to place RUB 15 billion notes via three 10-year issues

By Susanna Moon

Chicago, March 28 - Acron said its board of directors decided to place RUB 15 billion of bonds in three 10-year issues at par of RUB 5 billion each.

The bond issue arrangers and placement timeline will be specified later, according to a company press release.

Acron is a Veliky Novgorod, Russia-based mineral fertilizer producer.


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