Sviaz-Bank Acts as Paying Agent Authorized by Post of Russia
OREANDA-NEWS. April 04, 2014. Sviaz-Bank (Vnesheconombank Group) has acted as paying agent authorized by the Post of Russia Federal State Unitary Enterprise to pay interest on the sixth coupon of its Series 01 issue (Reg. No.4-01-00005-T of November 18, 2010).
The bondholders were paid coupon interest at a rate of 8.25% per annum, or 41 rubles 14 kopecks per bond. In all, 287,912,447 rubles was paid out in coupon interest after tax.
FSUE Post of Russia offered its five-year Series 01 bond issue on the MICEX Stock Exchange on March 29, 2011 to raise 7 billion rubles. The issue offers a three-year buyback option. Sviaz-Bank acted as co-organizer of the issue.
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