логотип компании
home Sitemapsitemap
Русский Sep 23, 2019 23:11
(GMT+3)
Latest news
Sep 19, 2019
"Russian Railways is ready to expand cooperation with the railway administrations in the SCO," says Oleg Belozorov
Sep 19, 2019
Container traffic on Trans-Siberian increased by a quarter from January to August 2019
Sep 17, 2019
"The creation of joint ventures is a key format for cooperation across the 1520 Space" says Dmitry Pegov, Deputy Managing Director of Russian Railways
Sep 11, 2019
Allegro passenger numbers increased by more than 16% in January-August 2019
Sep 05, 2019
Oleg Belozorov: "Russian Railways plans to reduce delivery times from Japan to Europe via Trans-Siberian to 14 days"
Sep 05, 2019
Russia and Japan to create Russian-Japanese Centre for Preventive Medicine and Diagnostics
News archive
Home
Investor Relations
Debt and Lender Information

Debt and Lender Information

Raising outside capital is done in accordance with the Company’s Loan Programme, which provides for various instruments to finance the operations of Russian Railways, including using syndicated and bilateral loans, rouble bonds and Euro bonds, as well as leasing etc.

The Loan Programme is an essential part of the Company’s integrated financial management system and is supplemented by instruments to hedge risks, an investment and financial assets management system and procedures to manage working capital and liquidity etc.

All of the Company’s property, with the exception of assets limited to turnover as laid down in Russian Government Decree No. 57 dated 06.04.2004, is collateral for its loans and liabilities.

(a) Russian Railways does not have the right to transfer by leasing, allowing free use, placing under beneficial ownership or using as collateral the following assets in its Charter Capital:

  • main railway lines with all the attendant equipment and facilities, signalling, centralisation and blocking systems, power supplies, technological links intended for internal production and the management of technological processes on rail transport;
  • little-used railway lines, sections and stations with defence functions;
  • management information systems for rail transport and freight management systems;
  • engines, coaches and attendant facilities with defence functions;
  • objects subject to mobilisation, objects for civil defence, mobilised capacity preserved and unused, mobilised reserves, objects of material value in the mobilised reserve;
  • rolling stock for the implementation of special rail shipments;
  • objects and assets for accident and repair work.

(b) Russian Railways, in agreement with the Russian Government and according to government guidelines, has the right to transfer as collateral and also to sell and otherwise dispose of assets which amount to a transfer of ownership the following assets:

  • shares in subsidiaries run as single business entities;
  • little-used railway lines, sections and stations with all the attendant equipment and facilities, as well as plots of land upon which the listed objects and facilities stand (with the exception of little-used railway lines, sections and stations with defence functions);
  • property relating to rail transport infrastructure intended for general use with the exception of objects listed in point (a).

The list of assets limited to turnover as indicated in points a) and b) are defined by the Russian Government.

Neither this website nor its contents or any website to which it has hypertext links constitutes an offer to sell or a solicitation of an offer to purchase any securities in the United States of America, Canada, Japan, Australia, the Russian Federation or in any other jurisdiction.
screenRenderTime=0

© 2003-2019, Russian Railways
Mass Media Registration Certificate El. No. ФС77-25927
When using any material from the site reference to rzd.ru is obligatory

The Company | Passengers | Freight | Press Centre | Investor Relations | Contacts | Search