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Silk Road Fund, Asian financial institutions may buy Avtodor bonds

Some $303.5 mln worth bond loan is planned in 2016

ST. PETERSBURG, June 16. /TASS/. China’s Silk Road Fund and Asian financial institutions may buy bonds of the Russian highway building company Avtodor, Chief Executive Officer of the company Sergey Kelbakh told TASS on Thursday at the St. Petersburg International Economic Forum (SPIEF).

"We are planning a twenty billion rubles ($303.5 mln) worth bond loan this year. The interest is already present. One of our tasks during the trip to China was to actively promote the bond loan for financial institutions from the Southeast Asia, including also the Silk Road Fund," Kelbakh said.

Avtodor will also offer bonds to Middle East funds in cooperation with the Russian Direct Investment Fund, he added.