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The Euroclear-eligible CLNs were arranged by Alfa-Bank and Vneshtorgank, while ING Bank acted as the depositary bank. Thus, Alfa-Bank and Vneshtorgank were the first Russian banks acting as lead managers of a CLN issue.

UHM is Russia's largest heavy engineering company and consists of 24 enterprises. UHM was created via a merger of Uralmash, Izhorsky Plants, Krasnoye Sormovo, et al and organizes its business along six major lines: oil & gas rig equipment, equipment for nuclear power plants (NPPs), metallurgical equipment, mining equipment, shipbuilding, and special steels. The company has over 40,000 employees. UHM controls 70% of the Russian market for oil & gas drilling equipment, up to 90% of the metallurgical equipment market, 55% of the complex metallurgical equipment market, more than 90% of the mining equipment market and 100% of the NPP equipment market. UHM enjoys annual revenue of $313 mln and EBITDA of around $33 mln.

Fixed Income Department, Alfa-Bank

Gorokhovskaya Olga, Ph.D, Fixed Income analyst
Tel.+7 095 786-48-77
Fax+7 095 204-74-41
ogorohov@alfabank.ru
Khrapchenko Lyudmila, Senior specialist, Structured Products
Tel.+7 095 795-36-90
Fax+7 095 204-74-41
LKhrapch@alfabank.ru