LSR Group Announces Put Option on its Bonds
OREANDA-NEWS. January 27, 2014. OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, announces put option on its Series BO-03, BO-05 and Series-04 bonds.
Identification number of Series BO-03: 4B02-03-55234-E as of 16.02.2011.
LSR Group intends to buy back up to 500,000 (five hundred) Series BO-03 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping. Maximum purchase price is set at 100.2% (one hundred and two percent) of the nominal value. In addition, accumulated coupon interest, calculated in accordance with the issue documentation as of the buy-back date, will be paid to the purchase price.
Identification number of Series BO-05: 4B02-05-55234-E as of 16.02.2011.
LSR Group intends to buy back up to 1,000,000 (one million) Series BO-05 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping. Maximum purchase price is set at 100% (one hundred percent) of the nominal value. In addition, accumulated coupon interest, calculated in accordance with the issue documentation as of the buy-back date, will be paid to the purchase price.
Registration number of Series-04: 4-04-55234-E от 02.11.2011.
LSR Group intends to buy back up to 700,000 (seven million) Series-04 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping. Maximum purchase price is set at 101.6% (one hundred one and six) of the nominal value. In addition, accumulated coupon interest, calculated in accordance with the issue documentation as of the buy-back date, will be paid to the purchase price.
Submission date: from 9 a.m. (Moscow time) on February, 3, 2014 until 6 p.m. (Moscow time) on February, 4, 2014.
Buy-back date: February, 6, 2014
Broker: URALSIB Capital
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