LSR Group pays second coupon on its Series BO-04 bonds
09 April 2014
LSR Group (LSE: LSRG; MICEX-RTS: LSRG) fully paid the second coupon on its Series BO-04 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 151,830,000.The identification number of the issue is 4В02-04-55234-Е as of 16 February 2011.
The second coupon rate was set at 10.15% per annum and amounted to RUB 50.61 per one bond. The total interest paid for the first and second coupons amounted to RUB 303,660,000.
The bond issue was placed on April, 10, 2013. The total size of the issue is 3,000,000 (three million) bonds with a nominal value of RUB 1,000 each. The maturity is 1092 days with early redemption of the nominal value, and divided into 6 coupon periods.
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