OREANDA-NEWS. December 21, 2009. OJSC VolgaTelecom in accordance with terms and conditions of the Offer of BT-2 series bonds has performed its obligations in full by acquiring 4 100 bonds at the request of their owners; the bonds acquisition price was 100% of the outstanding part of the bonds’ par value.

The total amount of acquisition accounted for RUB 1 640 000. The total amount of the issuer’s obligations with due account for accrued coupon yield was RUB 1 640 861.

VolgaTelecom’s inconvertible interest bearing certified bearer BT-2 series bonds were floated on December 06, 2005 on MICEX by public offering. On January 11, 2006 Russia’s Federal Financial Markets Service (Russia’s FFMS) registered the report on the results of the issue of OJSC VolgaTelecom’s inconvertible interest bearing certified bearer bonds of BT-2 series (the issue state registration number: No 4 – 44 – 00137 – А).

Characteristics of BT-2 series bonded loan:

Inconvertible interest bearing certified bearer BT-2 series bonds subject to obligatory centralized custody of the par value of RUB 1 000 (One thousand). The quantity of the issue securities is 3 000 000 (Three million) bonds. The total value of the bonds issue is RUB 3 billion. The maturity of BT-2 series bonds is 5 years. OJSC JSCB “Svyaz-Bank” is the issue lead arranger and underwriter.