OREANDA-NEWS. OMZ (Uralmash-Izhora Group) (RTS: OMZZ; LSE: OMZD; OTC: UHMVY), announced on September 7, 2007 that it had made the second coupon payment on its series 05 bonds. The coupon rate is equal to the rate of the first coupon and amounts to 8.8% .

The total payment made was RUR65.820 million.

OMZ’s decision to place the Series 05 bond was originally announced on 30 Aug., 2006. Bonds for total RUR1.5 billion were placed on 5 Sept., 2006 for five years.