Uralsvyazinform Buys Back 06-Series Bonds
OREANDA-NEWS. November 27, 2009. Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region,
On November 23, 2009 Uralsvyazinform fulfilled its obligation to buy back its 06 series bonds upon bondholders’ request available through the put option as approved by the Board of Directors on November 7, 2008.
In general, owners requested to buy back 1,984,999 bonds. Bondholders were paid 100 percent of residual par value together with accumulated coupon yield as of the buy-back date. Overall, the payment amounted to RUR 1,589.8 million including coupon yield at RUR 1.8 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;
For additional information, please contact Investor Relations on tel. +7 343 379 1219, or e-mail: investor@gd.usi.ru.
The most recent company information is also available from this website and www.skrin.ru (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.
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