OREANDA-NEWS. March 16, 2009. TransContainer has repurchased 96.1 percent of its debut bond issue under a buyback offer, Russian Railways' container shipping subsidiary reported. A total of 2,883,253 bonds worth over RUB 2.896bn (approx. USD 82m) including coupon interest on these securities have been repurchased as part of the transaction.

This refers to TransContainer's series 01 bond offering worth RUB 3bn (approx. USD 85m) fully placed on Micex Stock Exchange on March 4, when the company floated 3m bonds with a face value of RUB 1,000 (approx. USD 28.34) each and the first coupon rate set at 9.5 percent per annum.