RTS Starts Placement of Bonds of Volga-Sport
OREANDA-NEWS. April 4, 2011. On April 4, 2011 OJSC RTS will start placement of interest-bearing documentary unconvertible bearer bonds of Closed joint stock company "Volga-Sport" (hereinafter referred to as the Bonds) with the following parameters:
issue’s state registration number is 4-01-20468-P as of 27.01.2011;
amount of the Bonds for the placement is 1,400,000 units;
Bond’s par value RUB1,000;
RTS ticker of the security will be VLSP01I.
The Bonds will be placed through public subscription. The aim of the placement is an implementation of the Concession agreements on financing, building, equipping and operating sports and health complexes on the
The Bonds will be placed in the on-exchange trading mode with settlement on T+0.
The Bonds’ placement price for the first and further placement days is set at 100 (one hundred) per cent of the Bond’s par value, i.e. at RUB1,000 (one thousand) per 1 (one) Bond. Starting from the second placement day a buyer of the Bonds shall pay accrued coupon yield.
Coupon rate for the first coupon period is set at 9.75 (nine point seventy five) per cent per annum.
Schedule for collecting bids on purchasing the Bonds and executing trades by the Authorized seller (Broker) is as follows:
from 10.00 am to 12.00 pm – collection of bids.
from 1.00 pm to 3.00 pm – execution of trades in the Bonds by the Authorized seller (Broker).
ALOR INVEST Ltd (RTS trading member’s code ALORM) will act as the authorized seller (Broker) of the Bonds.
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