LSR Group pays third coupon on its Series 04 bonds
25 April 2014
LSR Group (LSE: LSRG; MICEX-RTS: LSRG) fully paid the third coupon on its Series 04 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 117,810,000.The identification number of the issue is 4-04-55234-Е as of 2 November 2011.
The third coupon rate was set at 10.15% per annum and amounted to RUB 56.10 per one bond. The total interest paid for the first, second and third coupons amounted to RUB 431,970,000.
The bond issue was placed on 26 October 2012. The maturity is 1820 days since the placement date divided into 10 coupon periods. The total size of the issue is 2,800,000 bonds with a nominal value of RUB 1,000 each.
Lead managers: URALSIB Financial Corporation, Rosselkhozbank, Alfa-Bank.
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.: +7 812 314 10 44
Fax: +7 812 458 83 72