Evroset Begins Private Placement of USD 20 mln Local Bonds

UkrainianEvroset, part of Evroset Group – one of the largest CIS mobile telephone and accessory retailers with 2006 sales of USD 4.62 bln, has begun the private placement of series A domestic bonds worth UAH 100 mln (USD 19.8 mln). The bonds pay coupon quarterly, and have a three year maturity (March 10, 2008). Subscription began March 12 and will end May 11.