VolgaTelecom Paid Next Coupon Yield on Its BT-4 Series Bonded Loan
OREANDA-NEWS. March 14, 2011. On March 09, 2011 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 18-th coupon on the basis of 12% per annum (RUB 29.92 per a bond). Total outpayments amounted to RUB 28, 531, 233.28; the issuer also transferred RUB 322 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-A):
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 early redemption 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 of the issue: LLC Deutsche Bank.
Co-arrangers of the issue: OJSC JSCB Svyaz-Bank and JSCB Promsvyazbank (ZAO).
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