Russia's MegaFon to sell new domestic bond equivalent to USD50 million April 14 Russia's third largest mobile operator MegaFon, part owned by Nordic phone company TeliaSonera, will sell a new rouble bond equivalent to $50 million on April 14, the company's press service said on Thursday.

The issue and planned placement date was approved by the company's board of directors on Wednesday. The issue prospectus for the 1.5 billion rouble, three year bond was registered with the securities agency last month.

The company already has a 1.5 billion rouble 2006 bond in circulation. It has a total capital expenditure plan of $650 million this year, which may be partially financed by a Eurobond issue, the company's chief executive has said.

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