OREANDA-NEWS.  April 17, 2013. Sviaz-Bank acted as paying agent authorized by Rostelecom OJSC to pay interest on the tenth coupon and repay the par value of the company’s Series 04 bonds.

The bondholders were paid coupon interest at a rate of 6.5% per annum, or 16 rubles 21 kopecks per bond, and 100% of the par value of the bonds.

In all, the Bank paid out 121,320,876 rubles 80 kopecks in coupon interest less the tax withheld by the issuer.

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