OREANDA-NEWS. January 26, 2010. Sviaz-Bank acted as paying agent for the Southern Telecommunications Company, OJSC, that authorized it to pay interest on the first coupon of the company’s Series BO 01 bonds (official registration number 4V02-01-00062-A of October 9, 2009), reported the press-centre of Sviaz-Bank.

The bondholders were paid coupon interest at a rate of 11% per annum, or 27 rubles 42 kopecks per bond. In all, 54,830,197 rubles was paid in interest.

The Southern Telecommunications Company, OJSC, floated its Series BO-01 bond issue on October 21, 2009, to raise 2 billion rubles. The bonds have a maturity of three years. Sviaz-Bank acted as both the managing underwriter of the issue and paying agent.