Russia: OAO Baltika brewer (St. Petersburg) will launch 01s bonds for 1 bln rbl on Oct. 26, the company said on October 19, 2004. The first coupon rate stands at 4% on year and matures on November 23. 3.07 mln rbl will be paid to redeem the first coupon overall. 01s bonds worth 1 bln rbl were registered on April 23. The issue comprises 1 mln bonds, 1,000 rbl par each; registered number is 4-01-00265-A, according to Akm.ru.

ZAO Raiffeisenbank Austria, the paying agent for the issue, is expected to buy out all bonds at par. Duration is 1,120 days. NDTs is the depository. The issue sets forth the optional early redemption. Baltika brewer is Russia's major beer maker uniting 5 breweries and 31 distribution centers in Russia.

The company produces 38 types of beer as well as mineral water and lemonades. Baltic Beverages Holding AB (Sweden) is the holder.

20 October, 2004