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LSR Group completes Bonds Placement

26 Apr 2017 16:36

RNS Number : 4559D
PJSC LSR Group
26 April 2017
 

LSR Group Announces the Completion of Exchange-Traded Bonds Placement

 

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 April 26, 2017, LSR Group successfully placed exchange-traded bonds of the 001P-01 series (identification number of the issue 4B02-02-55234-E-001P as 20.04.2017, ISIN RU000A0JXPM0). The offering in the amount of RUB 5 bn has a maturity of 5 years, quarterly coupon payments, and the coupon rate of 9,65%. Bonds redemption is planned on the amortization scheme starting from the 12th coupon.

The placement was organized by Raiffeisenbank and Sovcombank.

 

For more information please contact:LSR Group Investor RelationsE-mail: ir@lsrgroup.ruLSR Group Press ServiceTel.: +7 812 333 11 11E-mail: press@lsrgroup.ruwww.lsrgroup.ru

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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