OREANDA-NEWS. July 9, 2007. ITERA Oil & Gas Company LLC effected payment of coupon bond yield for the fifth coupon period with regard to series 01 non-convertible interest-bearing certified bearer bonds.

The revenue paid to bondholders amounted to 97,240,000 rubles, or 48.62 rubles per one security with par value of 1 thousand rubles each, which is equivalent to 9.75% coupon annual interest rate.

Debenture bonds issued by ITERA Oil & Gas Company Ltd. are currently traded at the repurchase market at approximately 100.8% of their par value, corresponding to 8.3% annual yield.

The company has used the funds raised from the debenture issue for the purpose of implementing gas projects sited in the Russian Federation.