LSR Group Announces Bond Placement
OREANDA-NEWS. July 21, 2011. LSR Group (LSE: LSRG; MICEX, RTS: LSRG) announces the placement of interest-bearing non-convertible rouble bonds redeemed at the request of the owners and at the discretion of the issuer. The bonds will be placed through public subscription. The total size of the issue is RUB 2 billion, reported the press-centre of LSR Group.
Bond information:
Issuer: OJSC LSR Group
Series: BO-05
Identification number: 4В02-05-55234-Е as of 16 February 2011
Placement date: 28 July 2011
Duration: 1092 days starting from the placement date
Interest payment periods: 6 interest payment periods of 182 days each
Lead manager: Uralsib Capital
The placement will be conducted in the form of tender to determine the first coupon rate pursuant to the procedure established by the Resolution on securities issue and the Prospectus. The interest rate of the second, third, fourth, fifth and sixth coupons will be equal to the first coupon rate.
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