OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG), hereinafter Ė the Company, completed redemption of its Series BO-02 interest-bearing non-convertible bonds with mandatory safekeeping worth RUB 2 bn.
Today, on September, 10, 2013, the Company fully paid the sixth coupon on its Series BO-02 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 49,860,000 (forty nine million eight hundred sixty thousand). The sixth coupon rate was 10% and amounted to RUB 49.86 (forty nine and eighty seven) per one bond.
The total interest paid for the 1st-6th coupons amounted to RUB 548,460,000 (five hundred forty eight million and forty thousand sixty).
The issue identification number is 4¬02-02-55234-Ňas of 24 November 2009.
The bond issue was placed on September, 14, 2010, by open subscription on CJSC MICEX Stock Exchange. Circulation period of the bonds was 1092 days since the placement date. The total size of the issue was 2,000,000 (two million) bonds with a nominal value of RUB 1,000 each.
Broker: FC URALSIB
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 2012 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Groupís real estate portfolio is equal to 8.7m m2 with the market value of RUB 120bn. In 2012, the sales revenue of LSR Group amounted to RUB 61,122m (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