OREANDA-NEWS. July 06, 2012. Sviaz-Bank acted as paying agent authorized by Zarechnaya Coal Company, LLC, to pay interest due by the company on the first coupon of its Series 01 bonds, reported the press-centre of Sviaz-Bank.

The bondholders were paid the full amount of the coupon interest at a rate of 10.8% per annum, or 53 rubles 85 kopecks per bond, exactly on time. A total of 161,550,000 rubles was paid out in coupon interest.

Zarechnaya Coal Company, LLC, offered its seven-year Series 01 bond issue on December 30, 2011 to raise 3 billion rubles. Sviaz-Bank acted as managing underwriter of the issue, and Zarechnaya Coal Company, LLC, gives surety for the bond issue.