LSR Group Pays Fifth Coupon on Its Series BO-01 Bonds
OREANDA-NEWS. December 29, 2012. LSR Group (LSE: LSRG; MICEX-RTS: LSRG) fully paid the fifth coupon of its Series BO-01 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 35,522,490.
The identification number of the issue is 4B02-01-55234-E as of 24 November 2009.
The fifth coupon rate amounts to RUB 52.36 (fifty two roubles and thirty six) per one bond. The total interest paid for the first, second, third, fourth and fifth coupons amounted to RUB 351,042,490.08 (three hundred fifty one million forty two thousand four hundred ninety and eight).
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction.
LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg.
As of 31 December 2011 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.4m m2 with the market value of RUB 124bn.
In 2011, the sales revenues of LSR Group were RUB 51,910m (IFRS).
LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
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