OREANDA-NEWS. April 05, 2010. TransCreditBank has acted as co-manager of Russian Railways debut Eurobond issue. The loan participation notes were issued by RZD Capital Limited, a subsidiary of Russian Railways. Barclays Capital, JP Morgan, and VTB Capital acted as joint lead manager and book-runners.

The Eurobond due 2017 has a coupon rate of 5.739 percent per annum.

Due to strong investor demand, Russian Railways increased the size of the offering to USD 1.5 billion from the initially planned USD 1 billion.