OREANDA-NEWS. “Group NITOL” Ltd plans the placement of the second bonded loan at the rate of 2,2 billion roubles for the term of circulation of three years on December 19, 2006.

The bonds have six semi-annual coupons. The coupon rate will be fixed for the full term of circulation and will be determined within the frameworks of the initial auction held on the date of placement on MICEX Stock Exchange.

According to the forecast of organizer of the issue – Bank ZENIT – the coupon rate will vary in a range 11,25% - 11,75% annual that corresponds to the effective profitability to payment 11,57% - 12,1% annual.