LSR Group (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, announces the successful completion of exchange-traded bonds placement in amount of RUB 5 bn.
On October 3, 2017, LSR Group successfully placed exchange-traded bonds of the 001P-03 series (identification number of the issue 4B02-03-55234-E-001P as of 27.09.2017, ISIN RU000A0ZYBV5). The bonds worth RUB 5bn have a maturity period of 5 years with quarterly coupon payments. The coupon rate was set at 9.00%. The amortization scheme looks as follows: 30% of the face value with the payment of the 16th and the 18th coupons and 40% of the face value with the payment of the 20th coupon.
The placement was organized by Raiffeisenbank, Sovcombank and Russian Agricultural Bank.
For more information please contact:
LSR Group Investor Relations
LSR Group Press Service
Tel.: +7 812 333 11 11