Uralsvyazinform Pays 08th Coupon & Repays 20% of 06-Series Bonds
OREANDA-NEWS. November 23, 2009. Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reported the payment of 08th coupon and 20% repayment of its 06-series bonds, reported the press-centre of Uralsvyazinform.
Uralsvyazinform paid 8th coupon and repaid 20% of issue’s par as required by the issuance documents.
Bondholders were paid coupon yield at 13% p.a. equivalent to RUR 64.82 per each bond, and 20% of par value of each bond (RUR 200) as partial repayment. Overall, the repayment totaled RUR 529.6 million.
Main 06-series bond issue parameters:
Name and type: non-convertible, interest-bearing documentary bonds with mandatory centralized custody
Number of bonds issued: 2,000,000
Nominal value of each bond: 1,000 rubles
Total volume: 2,000,000,000 rubles
Maturity: 2,184 days since placement date
Repayment terms:
19.11.2009 – 20% of nominal value;
20.05.2010 – 20% of nominal value;
18.11.2010 – 20% of nominal value;
19.05.2011 – 20% of nominal value;
17.11.2011 – 20% of nominal value;
Put option available upon bondholder’s request: 23.11.2009 at 100% of unredeemed value of bonds’ par.
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