OREANDA-NEWS. November 10, 2010. Sviaz-Bank acted as paying agent for the Southern Telecommunications Company, OJSC, that authorized it to pay interest on the fourth coupon of the company’s SeriesBO-01 bonds (Official Registration Number 4В02-01-00062-А 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 security. In all, the Bank paid 54,830,197 rubles in interest, less tax it withheld.

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