OREANDA-NEWS. On 11 March 2009 was announced, that CenterTelecom OJSC had effected payment in full of RUR5,848,416.25 under the fifth coupon of its series 5 interest-bearing documentary non-convertible bearer bonds.

The interest rate on the fifth coupon of the series 5 bond is 9.3% per annum.  The value of the interest paid per bond was RUR46.37.

From 2 Sep., 2008-19 Feb., 2009 (date of registration of bond owners), 44 transactions involving CenterTelecom bonds were concluded through MICEX. Total value of the transactions was RUR2.984 billion. The transactions included 19 ordinary transactions for RUR64 million, 24 negotiated deals for RUR2.874 billion and 1 REPO deal for RUR46 million. The highest price was 100% of the nominal value.

Three million series 5 bonds with RUR1,000 nominal value each were placed by way of public offering on the MICEX Stock Exchange on Sept. 5, 2006. The placement price was established in accordance with issuing documents and was 100% of nominal value. The interest rate on the first coupon was set at 8.09% per annum as a result of an auction held on the day of placement and approved by Order of the General Director of CenterTelecom. Interest rates for the second, third, forth coupons were equal to the rate on the first coupon. Interest rate on the fifth coupon was set at 9.3% per annum and approved by Order #462 dated August 21, 2008 in accordance with the decision of the Board of Directors of CenterTelecom (Protocol #4 of August 18, 2008) and the Decision on Issuance of Securities (State Registration Number 4-20-00194-А of June 15, 2006) approved by the Board of Directors (Protocol #24 of April 21, 2006). Interest rates for the sixth, seventh, eighth, ninth and tenth coupons are equal to the rate on the fifth coupon in accordance with the decision of the Board of Directors (Protocol #4 of August 18, 2008). The bonds are to be redeemed in the amount of 10% of the nominal value on the 1,274th day after the placement date (March 2, 2010), 20% of the nominal value on the 1,456th day after the placement date (Aug. 31, 2010), 30% of the nominal value on the 1,638th day after the placement date (March 1, 2011), and 40% of the nominal value on the 1,820th day after the placement date (Aug. 30, 2011). On September 4, 2008 CenterTelecom redeemed 2,873,875 series 5 bonds on condition of public offer approved by the Board of Directors of CenterTelecom (Protocol #4 of August 28, 2006).