OREANDA-NEWS. February 14, 2011. Sviaz-Bank has been appointed agent to redeem Series 01 bonds issued by TGC-6-Invest LLC to raise 2 billion rubles, reported the press-centre of Sviaz-Bank.

The option offered to have securities redeemed before maturity will be exercised on February28, 2011.

The issue was floated in February 2007. Each bond carries 20 quarterly coupons. Coupons 13 to 16 pay interest at 10.5% per annum, and interest payable on coupons 17 to 20 will be fixed by the issuer.

The bonds will be retired on February 21, 2012.