JSC Atomenergoprom, the company that unites Rosatom’s civil assets, has placed its first issue of green exchange-traded bonds with a par value of RUB 10 billion.
Investors’s demand for securities exceeded supply more than sevenfold. This is the first placement of exchange-traded bonds by a Russian issuer to finance renewable energy projects. The par value of one security in this issue is 1,000 rubles and the bonds have a term to maturity of 5 years. Funds received from the placement of this bond issue will be used to refinance previously incurred expenses for JSC Atomenergoprom’s wind power projects in Russia.