OREANDA-NEWS. On July 21, 2008 the MIEL Holding Company fully met its liabilities under its buy-back offer to the holders of securities.

A total of 528,205 bonds (35.21% of the total number floated) were presented for retirement, worth 528,205,000.00 roubles, with the coupon yield accumulated on the bonds acquired paid in the amount of 1,431,435.55 roubles.

The liabilities were met in full and within the time frame specified by the emission documents. All the payments were made using the MIEL's own funds.

Having issued a million and a half of bonds in 2007, MIEL became one of the first companies in the real estate sector to offer securities at two of Russia's major stock bourses, RTS and MICEX.