Sviaz-Bank Acts as Agent Authorized by Post of Russia
OREANDA-NEWS. April 13, 2012. Sviaz-Bank has acted as paying agent authorized by FSUE Post of Russia to pay interest on the second coupon of the issuer’s Series 01 bonds, reported the press-centre of Sviaz-Bank.
The bondholders were paid coupon interest at a rate of 8.25% per annum, or 41 rubles 14kopecks per bond. In all, the Bank paid 287,952,842 rubles in coupon interest after tax.
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 acted as co-managing underwriter of the issue.
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