INPROM Buys out 3,86% 3rd-Issue Bonds in Early Redemption Offer
OREANDA-NEWS. On May 25, 2007 INPROM redeemed 3,86% of its series 03 bond issue (amount: 1,3 billion rubles, maturity 5 years) in an early redemption offer, reported the press-centre of INPROM.
The company bought out 50,235 its documentary non-convertible interest-bearing bonds with mandatory centralized keeping (state registration number 4-03-55534-P of April 13, 2006 with a par value of 1,000 rubles each) for 50,259,615.15 rubles, including the accrued coupon yield.
According to experts, the low number of early redemption requests from the bondholders, lodged on the MICEX stock exchange, reaffirms INPROM's positive financial outlook and investment attractiveness of its securities.
The next date for the series 03 bonds early redemption offer was set for November 21, 2008 by the Board of Directors.
Commercial bank "ROSBANK" acting as the issuer's paying agent on the early redemption offer.
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