LSR Group announces the Coupon Rate of 8.4% per annum for its exchange-traded Series 001P-05 bonds
23 October 2019
PJSC LSR Group («LSR» or the «Company») (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces the coupon rate of 8.4% per annum for its non-convertible interest-bearing certified exchange-traded Series 001P-05 bearer bonds subject to mandatory centralised custody (ISIN not assigned).
The bonds are to be placed under the programme of the exchange-traded bonds Series 001P with the identification number 4-55234-Е-001P-02E as of 14 September, 2016 in the amount of 6,000,000 (six million) exchange-traded bonds with a nominal value of 1,000 (one thousand) rubles each, and the maturity of 1,820 (one thousand eight hundred twenty) days from the commencing date of the exchange-traded bonds placement.
The interest rate of the 2nd — 20th coupon periods is equal to the interest rate of the 1st coupon period: 8.4% per annum.
The Bonds’ amortization schedule is set as follows:
• 20% (twenty percent) of the nominal value of the exchange-traded bonds at the end of 12th coupon period;
• 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 16th coupon period;
• 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 20th coupon period;
|Coupon Period||Annual Coupon Rate (%)||The amount of the accrued yield per one Bond (rubles)||Total amount of the accrued Bond yield (rubles)||The date when the obligation to pay the Bond yield shall be fulfilled (days from the commencing date of the bond placement)|
|10||8.40||20.94||125 640 000||910|
For more information please contact:
Director of Investor Relations
LSR Group Press Service