OREANDA-NEWS. On 31 March 2009 was announced, that Sibirtelecom fulfilled its payment obligation for the seventh coupon of the operator’s 06-series bond in full.

The rate of the seventh coupon was 9.75% and Rub 48.62 was paid out on each bond.

The total amount payable on the seventh coupon stood at Rub 5,421,324.48.

Amid the liquidity crisis, Sibirtelecom once again proved its reputation as a reliable borrower.

For reference: Series 06 bond – interest-bearing certified pay-to-bearer bonds with mandatory centralized storage (state registration number 4-06-00195-Аdated April 12, 2005).  Total amount of the issue – 2 bln, number of bonds – 2 mln with par value of Rub 1,000.  Arranger of the issue – Svyaz Bank, financial consultant – Federal Stock Market Corporation.

On September 23, 2008 Sibirtelecom fulfilled its obligation to redeem its series 06 bond in full (put options for 1,888,496 put options were redeemed, which is equal to 94.4% of the total amount of the issue.  The value of bonds presented by bondholders for redemption in view of cumulative coupon income stood at Rub 1,891,026,584.64.

At present, Sibirtelecom has series 07 and 08 bonds in circulation.