VolgaTelecom Paid Next Coupon Yield on BT-4 Series Bonded Loan
OREANDA-NEWS. June 29, 2010. VolgaTelecom paid coupon yield on its inconvertible interest bearing certified bearer bonds of BT-4 series subject to obligatory centralized custody.
The yield was paid on the 15-th coupon on the basis of 12% per annum (RUB 29.92 per a bond). Total outpayments amounted to RUB 28, 531,225. The issuer also transferred RUB 8 to the budget as individual income tax.
The coupon yield was transferred to the bonds owners and holders in full and in time.
Characteristics of BT-4 series bonds issue (state registration number of the issue: 4-46-00137-А):
Inconvertible interest bearing certified bearer bonds of BT-4 series subject to obligatory centralized custody;
Quantity of the issue securities – 3, 000, 000 bonds;
Par value of a bond – RUB 1, 000;
Total par value of the issue – RUB 3, 000, 000, 000;
Date of floatation – September 12, 2006;
Maturity term – 7 years.
In accordance with terms and conditions of the offer in September 2009 OJSC VolgaTelecom acquired 2, 046, 416 bonds at the request of their owners; the bonds acquisition price was 100% of the outstanding part of the bonds’ par value, also VolgaTelecom paid out coupon yield accrued on the date of acquisition.
Lead arranger: LLC Deutsche Bank.
Co-arrangers: OJSC JSCB Svyaz-Bank and JSCB Promsvyazbank (ZAO).
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