OREANDA-NEWS  On 11 September was announced, that VolgaTelecom paid coupon yield on its inconvertible interest bearing certified bearer bonds of BT-4 series subject to obligatory centralized custody.

The interest rate of the eighth coupon yield on BT-4 series bonds is 7,99% per annum or RUR 19,92 per a bond. The coupon yield on BT-4 series bonds to the amount of RUR 59 760 000 was transferred by the Company to the bonds holders in full. The total coupon yield paid on BT-4 series bonds amounted to RUR 478 080 000.

VolgaTelecom BT-4 series bonds were floated on September 12, 2006 at MICEX by public offering. On October 19, 2006 Russia’s Federal Financial Markets Service (Russia’s FFMS) registered the report on the results of the issue of OJSC VolgaTelecom inconvertible interest bearing certified bearer bonds of BT-4 series to the amount of RUR 3 billion (the issue state registration number: 4-46-00137-А).

Characteristics of BT-4 series bonds issue:

Inconvertible interest bearing certified bearer bonds of BT-4 series subject to obligatory centralized custody to the number of 3 000 000 (Three million) pieces of the par value of RUR 1 000 (One thousand) per a bond. The total par value of the issue is RUR 3 000 000 000 (Three billion). The bonds maturity term is 7 years. The target date of the bonds offer is September 10, 2009.