The Ministry of Finance of the Russian Federation in a RUB 50 Billion Tap of Its 7.85% Bonds Due 2010

Cleary Gottlieb represented the Ministry of Finance of the Russian Federation in a RUB 50 billion re-opening of its debut rouble-denominated Eurobond issued in March. The joint lead managers and joint bookrunners were Deutsche Bank, London Branch, HSBC Bank, J.P.Morgan Securities, Renaissance Securities (Cyprus) and VTB Capital. The bonds were admitted to trading on the London Stock Exchange. The transaction closed on May 26.