Belon-Finance Makes Coupon Payment
OREANDA-NEWS. December 11, 2008. In meeting the challenges of the world financial and economic crisis, Belon Group timely fulfils its obligations to the investment community.
The above inconvertible interest bearing bonds were registered at the Federal Service for Financial Markets (FSFM) on April 11, 2006. The bond (coupon) rate was determined in accordance with the Decision to Issue Securities approved by the Decision of the sole participant of OOO Belon-Finance on February 17, 2006.
The coupon rate for the first bond was set at 9.1% per annum, and approved by the Director of Belon-Finance on June 7, 2006.
Belon Group made the coupon payment on December 3, 2008, thus fulfilling its obligation in time.
Total Interest on bonds amounted to RUB 68,070,000. Each bond yielded RUB 45.38. The above amount was paid in national currency as a non-cash transaction.
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