LSR Group announces pricing of its public irrevocable bond offers
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28 October 2020
St. Petersburg, Russia –28 October 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 offers for its non-convertible interest-bearing certified exchange-traded Series 001P-01 and Series 001P-02 bearer bonds.
The Company decided to set the purchase price for its Series 001Р-01 bonds (identification number of the issue 4В02-01-55234-Е-001Р dated 22 September 2016, ISIN RU000A0JWU98) at 103.06% of the outstanding part of the par value. The purchasing price of Series 001Р-02 bonds (identification number of the issue 4В02-02-55234-Е-001Р dated 20 April 2017, ISIN RU000A0JXPM0) was set at 102.85% of the outstanding part of its par value.
The purchase prices were determined in accordance with the procedures established in the public irrevocable offers, which were released on the Company’s website.
On October 12, the Board of Directors made a decision to repurchase exchange-traded Series 001P-01 bearer bonds in an amount not exceeding 5,000,000 bonds, and Series 001P-02 bearer bonds in an amount not exceeding 3,333,333 bonds. The Purchase date for both issues is set on 30 November, 2020.
For more information please contact:
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Investor Relations Igor Tsoy |
Media Relations LSR Group Press Service |