29 Sep 2017 07:26
LSR Group Announces the Amortization Schedule of the Exchange-Traded Bonds and the Terms of the Offers' Submission
LSR Group, one of the leading Russian real estate developers and producers of building materials, announces the amortization schedule of the exchange-traded bonds, placed under the Exchange Bond Program, and the terms of the offers' submission.
On September 29, 2017 the Chief Executive Officer of LSR Group has made the following decision regarding non-convertible interest-bearing certified exchange-traded bonds of the 001P-03 series to the bearer with the obligatory centralized custody, placed under the Exchange Bond Program with the identification number of 4-55234-Е-001P-02E as of September 14, 2016:
1. Set the commencement date of the placement on October 3, 2017
2. Set the following amortization schedule:- 30% (thirty percent) of the face value of the exchange-traded bonds at the end of 16th coupon period;- 30% (thirty percent) of the face value of the exchange-traded bonds at the end of 18th coupon period;- 40% (forty percent) of the face value of the exchange-traded bonds at the end of 20th coupon period;3. The Offers shall be submitted from 11 AM to 4 PM Moscow time on September 29, 2017.
For more information please contact:LSR Group Investor RelationsE-mail: ir@lsrgroup.ru
LSR Group Press ServiceTel.: +7 812 333 11 11E-mail: press@lsrgroup.ruwww.lsrgroup.ru