OREANDA-NEWS. The Board of Directors of OJSC “Lenenergo” has made a decision on the placement of 3 million certificated interest-bearing inconvertible bearer bonds of series 03 with the par value of 1 thousand roubles each, with the term for repayments on 1 820th  day from the date of the placement. A way of the placement is the open subscription.

The date of beginning of the placement of series 03 bonds of OJSC “Lenenergo” will be determined and approved by the general director, and cannot be established earlier than in two weeks after publication of message on the state registration of the issue of securities in the FSFM of Russia.

The money resources received as a result of the placement of securities will be directed on investment into development of electric network complex within the frameworks of the Program of prime actions on construction and reconstruction of electric power objects in St.-Petersburg, approved by Chairman of the Board of RAO “UES of Russia” Anatoly Chubays and the Governor of St.-Petersburg Valentina Matvienko.