BANK ROSSIYA Redeemed Minplita-Finance 01 Series Bond Issue
OREANDA-NEWS. December 11, 2009. BANK “ROSSIYA” according to the “Bond Purchase and Paying Agent Agreement” redeemed the Minplita-Finance 01 series inconvertible documentary interest-bearing bonds to bearer with obligatory centralized storage (state registration number is 4-01-36284-R dd. 16.08.2007) for an overall amount of RUR 81 936 936.90 including RUR 1 971 936.90 ACI, reported the press-centre of BANK “ROSSIYA”.
"Minplita-Finance" Company placed RUR 500 million bond issue in April, 2008. The interest rate of 1-3 coupons is 16% per annum; 4-6 – 20%; the maturity period is 3 years.
Minplita-Finance was set up in order to attract investments to "Zavod Minplita" company and Troitskiy Mineral Board Plant - one of the leading Russian producers of rock wool heat insulating materials turning out the wide range of thermal insulating under the LINEROCK trade mark (www.linerock.ru).
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