Sviaz-Bank Acts as Agent to Pay Interest on Bonds of Post of Russia
OREANDA-NEWS. October 09, 2012. Sviaz-Bank acted as paying agent authorized by FSUE Post of Russia to pay interest on the third 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 14 kopeck per bond. In all, the Bank paid 287,323,680 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 bonds offer a three-year retirement option before maturity. Sviaz-Bank acted as co-lead manager of the issue.
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