MDM Bank and Aton Capital Limited have posted the debut issue of RBC loan notes

On May 26, 2006, MDM-Bank and Aton Capital closed the book of investors' requests for the purchase of the debut issue of credit notes (CLN) of RBC in the amount of $ 100 million. The interest rate on notes was 9.5% per annum, the repayment period was 3 years. The note provides for a put option at par in 2 years, as well as a call option at a price of 103% of the nominal value from the date of placement to December 31, 2006, at a price of 102.5% in the period from January 1, 2007 to December 31, 2007, at a price of 101.5% in the period from January 1, 2008 to June 7, 2008, at par value on June 7, 2008.

The issuer of the notes will be Dresdner Bank AG, the notes are secured by a loan issued by the issuer to RBC Investments (Cyprus), the guarantors of the loan will be OAO RBC Information Systems and ZAO RBC-TV . The funds raised will be used to finance the development of the company through the acquisition of assets in the media business, as well as the implementation of its own projects.

Chairman of the Board of Directors of RBC Information Systems OJSC German Kaplun highly appreciated the results of the transaction. “For the first time, we attract a significant amount of resources in the debt capital market. We have extensive experience in investor relations in the equity market, and we are pleased that investors also showed interest in our debt securities. This will allow us in the future to form the optimal capital structure necessary to maintain high rates of the company's development, ”he believes.