OREANDA-NEWS. September 01, 2008. JSCIB “UkrSibbank”, an underwriter of C type bonds issue by LLC “Karavan”, completed placing 3-year bonds of C type for the amount of UAH 130 000 000.00, reported the press-centre of UkrSibbank.

It took one month to place the bonds. Banks and financial institutions acted as buyers of the bonds. The bonds are offered at the yield of 20% p.a., which corresponds to the set interest rate for the first year of circulation.

On August 12, 2008 the State Commission for Securities and Stock Market registered a report on bonds placing, and the circulation of LLC “Karavan” of C type has started.

There are now traded the bonds of LLC “Karavan” of three issues totaling UAH 190 mln: series A (public circulation, UAH 30 mln, current interest rate to maturity of 16% p.a., redemption – May, 2009), series B (private circulation, UAH 30 mln, current interest rate till the offer equals 17% p.a., redemption – May, 2010), series C (public circulation, UAH 130 mln, interest rate till the offer equals 20% p.a., offer – June, 2009).

Basic parameters of C type bonds issue

Total volume of issue UAH 130 000 000.00.;

Par value per bond UAH 1 000;

Circulation: since August 12, 2008 till August 16, 2011;

Interest income: for the first-fourth period - 20% p.a.;

Interest period – 91 days;

Option of premature sale of bonds at the end of the 4th and 8th interest periods;

Option of premature redemption of the total issue if the Issuer buys out 100% of the bonds;

Open (public) placing;

Depositary – OJSC “MSF”;

Paying agent – JSCIB “UkrSibbank”.

“UkrSibbank” maintains the liquidity of the secondary market of the Issuer’s corporate bonds by making daily quotations in PFTS.