OREANDA-NEWS. September 27, 2010. Sviaz-Bank acted as paying agent authorized by Uralsviazinform OJSC to pay interest on the ninth coupon and redeem 20% of par value of the company’s Series 07 bonds, reported the press-centre of Sviaz-Bank. 

The bondholders were paid coupon interest at a rate of 8.5% per annum, or 33 rubles 91 kopecks per bond, and 20% of par value of the bonds in accordance with the debt repayment schedule. A total amount of 701,371,255 rubles was paid out.

Uralsviazinform OJSC floated its six-year Series 07 bond issue on March 21, 2006 to raise 3billion rubles. Sviaz-Bank acted as managing underwriter of the issue.