URALSIB Leasing Сompany Bought Back Series 02 Bonds
OREANDA-NEWS. February 09, 2010. URALSIB Leasing company (URALSIB Leasing or Company), a subsidiary of BANK URALSIB, announces that it has honored a put option on series 02 bonds (state registration number 4-02-36148-R).
On January 27, 2010 series 02 bondholders exercised the put option in the amount of 673 585 bonds worth 675.19 mln rubles , which came up to 13.5% of total issue (5 bln rubles).
Series 02 bonds coupon rate set for the next coupon periods until bonds maturity is 14.5%. This bond issue, as all other traded URALSIB Leasing bonds, is included in MICEX premium “A” quotation list, as well as in Bank of Russia Lombard and REPO lists.
5 mln Series 02 bonds with the nominal value of 1,000 rubles were placed through the open subscription on the MICEX by URALSIB Leasing in July 2008. Maturity of bonds is 3 years (1,092 days). During the auction the 1-3 coupon rate was set at 12.99% p.a. Total demand exceeded 6 bln rubles at the moment of placement.
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