LSR Group redeems its Series BO-05 bonds
24 July 2014
OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG) completed redemption of its Series BO-05 interest-bearing non-convertible bonds with mandatory safekeeping worth RUB 2 bn.Today, on July 24, 2014, LSR Group fully paid the sixth coupon on its Series BO-05 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 55,592,585.52 The sixth coupon rate amounted to RUB 42.23 per one bond.
The total interest paid for the 1st-6th coupons amounted to RUB 477,892,585.52
The issue identification number is 4В02-05-55234-Е as of 16.02.2011.
The bond issue was placed on July 28, 2011. The total size of the issue was 2,000,000 bonds. Circulation period of the bonds was 1092 days since the placement date divided into 6 coupon periods.
Lead manager and broker: FC URALSIB
Notes to Editors:
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2013 (according to DTZ), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 7.8m m2 with the market value of RUB 117bn. In 2013, the sales revenue of LSR Group amounted to RUB 65,316m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
For more information please contact:
LSR Group Press Service
Tel.: +7 812 333 11 11
Fax: +7 812 458 83 72