OREANDA-NEWS. On 20 June 2008 was announced, that JSC “The Seventh Continent, fully made second coupon payment on bonds (02 series, registration number 4-02-00462-H dated 26/12/2006).

Annual interest coupon rate is 7,8%. According to the terms of issue the coupon is paid semi-annually. Total amount of coupon payment comprised 272,23 mn. rubles.

On December 20th, 2007 the Company has made first coupon payment in the amount of 272,23 mn. rubles.

On June 21, 2007, the Company has successfully placed 5 year bonds raising 7 bn. rubles. The bond issue was placed by open subscription on the MICEX, the interest rate for the coupons 1-6 was set 38,89 rubles per bond or 7,8% per annum.