OREANDA-NEWS. July 03, 2014. Sviaz-Bank (Vnesheconombank Group) acting as manager and underwriter completed placement of Series 01 bonds (official registration number 4-01-81226-H of June 3, 2014) issued by T-Generation CJSC to raise 1,150,000,000 rubles.

The application book was opened at 16:00 hours Moscow Time on June 17, 2014.

The five-year bonds were sold by public subscription on the floor of the MICEX Stock Exchange. All 1.15 million bonds were bought up at a par value of 1,000 rubles each.

The interest rate payable on the first coupon of the company’s Series 01 bonds was fixed at 12.0% per annum. The first coupon of each bond will pay 59.84 rubles. The 2nd to 10th coupons will pay interest at a rate equal to that of the first coupon.