Sviaz-Bank Acts as Paying Agent Authorized by FSUE Post of Russia
OREANDA-NEWS. October 7, 2011. Sviaz-Bank acted as paying agent authorized by FSUE Post of Russia to pay interest on the first coupon of the company’s Series 01 bonds.
The bondholders were paid coupon interest at a rate of 8.25% per annum, or 41 rubles 14kopecks per bond. In all, 287,951,490 rubles was paid in after-tax coupon interest.
FSUE Post of Russia offered its five-year Series 01 bond issue on the MICEX Stock Exchange on March 29, 2011 to raise 7 billion rubles. The issue comes with a three-year buyback option. Sviaz-Bank was co-managing underwriter of the issue.
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