Kemerovo Azot plans to issue bonds

Kemerovo Azot (part of SDS Azot) reported on a bond issue program for up to 200 million rubles ($2.65 million). In the framework of the program, bonds can be placed for up to ten years.

The company already issued bonds in 2008 in the amount of 3.5 billion rubles ($463.75 million). It was redeemed seven years later.

Kemerovo Azot is one of the largest producers of nitrogen fertilizers in Russia. It produces ammonia and ammonium nitrate, and carbamide-ammoniac compound.