OREANDA-NEWS. October 15, 2012. Sviaz-Bank acted as paying agent authorized by Rostelecom OJSC to pay interest on the ninth coupon and redeem 50% of the par value of the company’s Series 04 bonds, reported the press-centre of Sviaz-Bank.

The bondholders were paid coupon interest at a rate of 6.5% per annum, or 32 rubles 41 kopecks per bond, and 50% of the par value of the bonds.

In all, the Bank paid 125,050,111 rubles 80 kopecks in coupon interest after tax withheld by the issuer.

Rostelecom OJSC floated its five-year Series 04 bond issue on April 1, 2011 to raise 2billion rubles by converting Series 08 bonds issued by Uralsviazinform OJSC that was reorganized through takeover by Rostelecom OJSC. Sviaz-Bank acted as managing underwriter of the issue.