MIRAX GROUP Pays off First Coupon of Third Credit Linked Notes Issue
OREANDA-NEWS On 04 December was announced, that MIRAX GROUP pays off the first coupon of CLN 2010 on the amount of USD 6 750 000.
“ Thus the Corporation is fulfilling its obligations to pay off the coupons on outstanding bonds in 2008” – said Alexander Paperno, Deputy of the Chairman of the Management Board, Financial Director of the Corporation. Next payment of the coupon is planned on 19 March 2009.
The third issue of CLN took place on 28 of May 2008 at total value USD 100 000 000 among Russian and foreign investors. Coupon interest rate is 13, 5%. Lead arranger and book runner of the issue is Renaissance Capital. Senior co-lead manager is Promsvyazbank.
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