Sviaz-Bank Pays Interest on Bonds Issued by Transfin-M LLC
OREANDA-NEWS. September 02, 2013. Sviaz-Bank acted as paying agent authorized by Transfin-M LLC to pay interest on the fourth coupon of the company’s Series 15 bonds.
The bondholders were paid coupon interest at a rate of 8.5% per annum, or 42 rubles 38 kopecks per bond. The Bank paid out a total of 42,380,000 rubles in total coupon interest.
The bond issue has a maturity of 10 years, and the bonds have a par value of 1,000 rubles each. The issue comes with a five-year option of early retirement.
Sviaz-Bank is the managing underwriter and agent bank responsible for placing the issuer’s Series 15 bonds totaling 1 billion rubles in value.
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