Lenenergo Carries Out Placement of Bonded Loan
OREANDA-NEWS. According to the order of the General Director of Lenenergo, the first coupon rate was set by the auction at placement and amounted to 8.54% p.a. (which is RUR 42.58 per a bond); the rates of the second to tenth coupons were equal to the first coupon rate.
The term of payment of income under the first coupon of a bonded loan was established on August 3, 2007. The general volume of coupon income to be paid will make 127,7 million roubles.
The issue matures in 5 years (1820 days) and will have semi-annual coupon payment.
On 02 February 2007, a full placement was made on the MICES stock exchange of the second issue of documentary interest bearing bonds payable to bearer issued by JSC Lenenergo and worth RUR 3 billion.
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