LSR Group announces pricing of its public irrevocable bond offer
09 November 2020
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 pricing of its previously announced public irrevocable offer for its non-convertible interest-bearing certified exchange-traded Series 001P-02 bearer bonds.
The Company decided to set the purchase price for its Series 001Р-02 bonds (identification number of the issue 4В02-02-55234-Е-001Р dated 20 April 2017, ISIN RU000A0JXPM0) at 103,41% of the outstanding part of its par value.
The purchase prices were determined in accordance with the procedures established in the public irrevocable offer, which was released on the Company’s website.
On October 21 the Board of Directors made a decision to repurchase exchange-traded Series 001P-02 bearer bonds in an amount not exceeding 3,333,333 units. The Purchase date was set on 11 November, 2020.
For more information please contact:
LSR Group Press Service