OREANDA-NEWS. On April 14, 2009 Sistema-Hals (LSE, MICEX, RTS: HALS), a major Russian real estate company, announced that it has completed the placement of its rouble bonds in the amount of 3 million securities with par value 1 000 roubles each, reported the press-centre of Sistema-Hals.

The bonds mature in 2014.

Lead manager of the bond issue is ZAO Raiffeisenbank. Upon the placement the coupon rate is 15%. The rouble bonds were fully placed at par value.

Secondary bond circulation is planned on MICEX.

The Company is going to restructure its debt with the raised funds.