Rostelecom PJSC announced the placement of its 002P-01R series bonds at a coupon rate of 6.85% per annum. The bonds, with a total nominal value of RUB 10 billion have a maturity of 6 years with a nominal value of RUB 1,000 each. The 002P-01R series Rostelecom bonds are expected to be placed at the Moscow Exchange (MOEX) on December 5, 2019. The funds from the bonds placement are expected to be used for the refinancing purposes. The lead arrangers of the offering are VTB Capital, Sberbank CIB, Gazprombank.