OREANDA-NEWS. January 24, 2012. NCSP Group (LSE: NCSP, MICEX: NMTP) announces results of an open tender for selection of lead manager for its ruble bond program. Following the tender, VTB Capital was announced to be the winner.

Deputy CEO for Finance and Economy of PJSC NCSP Andrei Bubnov commented: "As we previously reported NCSP is registering a ruble bond program with the total par value of 18 billion rubles. The first tranche off the program may be issued this year. "

About NCSP Group

Novorossiysk Commercial Sea Port is the largest Russian port operator and the 3rd operator in Europe in terms of cargo turnover. NCSP shares are traded on Russia's MICEX exchange (NMTP) and on the London Stock Exchange in the form of GDRs (NCSP).

50.1% shares of PJSC "NCSP" belongs to Novoport Holding Ltd, beneficiaries owners of which  are JSC “Transneft” and Ziyavudin Magomedov (Summa Group). NCSP Group consolidated cargo turnover in 2011 totaled 157 million tons. Consolidated revenue according to IFRS for the nine months of 2011 totaled USD 782 million and EBITDA of USD 404 million. NCSP Group combines the following stevedore companies: OJSC Novorossiysk Commercial Sea Port, PJSC Primorsk Trade Port (since 2011), PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC Fleet of NCSP, OJSC NLE, OJSC IPP, and Baltic Stevedoring Company Ltd.