26 Feb 2021 16:20
PJSC LSR Group (LSRG) LSR Group announces the Coupon Rate of 8.0% per annum for its exchange-traded Series 001P-06 bonds 26-Feb-2021 / 17:20 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. LSR Group announces the Coupon Rate of 8.0% per annum for its exchange-traded Series 001P-06 bonds
St. Petersburg, Russia - 26 February 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 the coupon rate of 8.0 % per annum for its non-convertible interest-bearing certified exchange-traded Series 001P-06 bonds (ISIN not assigned) with the registration number 4B02-06-55234-E-001P as of 19.02.2021. The bonds are to be placed under the programme of the exchange-traded bonds Series 001P with the identification number 4-55234-Е-001P-02E as of 14 September, 2016 in the amount of 5,000,000 (five million) exchange-traded bonds with a nominal value of 1,000 (one thousand) rubles each, and the maturity of 1820 days from the commencing date of the exchange-traded bonds placement. The interest rate of the 2nd - 20th coupon periods is equal to the interest rate of the 1st coupon period: 8.0% per annum. The Bonds' amortization schedule is set as follows: 20% (twenty percent) of the nominal value of the exchange-traded bonds at the end of 12th coupon period; 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 16th coupon period; 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 20th coupon period;The commencing date for the Bonds placement is set for 02 March, 2021.
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About LSR Group: PJSC 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 and real estate development and construction. LSR Group's main operations are located in St. Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. As of 31 December 2019 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with the market value of RUB 207 billion. In accordance with its audited IFRS consolidated financial statements for 2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of RUB21.0 billion and Net Profit of RUB7.5 billion. Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG). www.lsrgroup.ru
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| ISIN: | US50218G2066 |
| Category Code: | MSCM |
| TIDM: | LSRG |
| LEI Code: | 25340067LEEMJ79K8X43 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 94468 |
| EQS News ID: | 1171673 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.