логотип компании
home Sitemapsitemap
eng     rus Jan 18, 2017 21:03
(GMT+3)
Latest news
Jan 14, 2017
Timetable change to train No. 13/14 Moscow - Berlin
Jan 14, 2017
Allegro passenger numbers up 24% during Xmas and New Year holidays
Jan 14, 2017
Allegro passenger numbers up 8.2% in 2016
Jan 09, 2017
Russian Railways transported 1.037 billion passengers in 2016
Jan 09, 2017
Loading on the Russian Railways' network in 2016 amounted to 1.222 billion tons
Dec 21, 2016
Russian Railways to pay state 290 billion roubles in taxes and insurance premiums in 2016
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=1

© 2003-2017, JSC Russian Railways
Mass Media Registration Certificate Эл. No. ФС77-25927
When using any material, a link to rzd.ru is obligatory

The Company | Passengers | Freight | Press Centre | Investor Relations | Contacts | Sochi 2014 | Search