Transmashholding Paid Yield on 4th Coupon on Series 02 Bonds
OREANDA-NEWS On 27 February was announced, that CJSC Trasnasmashholding paid yield to the holders of the series 02 documentary inconvertible interest bearing bonds.
The payment was held on the fourth coupon. The total value of payments (taxes included) amounted to 171,520,000 roubles. The coupon annual interest rate was 8.6% or 42.88 roubles per one bond of the issue. The payment was performed to 64 bond holders.
The CJSC Transmashholding bonded debt of the series 02 was placed on February 15, 2007. The coupon yield on the securities is paid twice a year, in February and August. There have been no deliveries of payment. The bond maturity is February 2011.
On February 18, 2009 the mandatory offer for calling bonds envisioned by a decision of the company board of directors made on February 8, 2007 will be offered to bond holders.
The interest rate on the further fifth and sixth coupons has been approved at 17.00% annually or 84.77 roubles per an bond of the issue. The issue provides for the next offer in a year, on February 17, 2010.
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