Source - RNS
RNS Number : 7993K
PJSC LSR Group
26 September 2016
 

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 developers and producers of construction materials, announces the amortization schedule of the exchange-traded bonds placement, placed under the Exchange Bond Program, and the terms of the offers' submission.

 

 

On September 26, 2016 the Chief Executive Officer of LSR Group has made the following decision regarding Non-convertible interest-bearing certified exchange-traded bonds of the 001Р-01series 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 14.09.2016:

 

1.   Commence the placement of the Exchange traded bonds, placed under the Exchange Bond Program, on September 28, 2016

2.   Set the following amortization schedule:

- 20% (twenty percent) of the face value of the exchange-traded bonds at the end of 12th coupon period;

- 20% (twenty percent) of the face value of the exchange-traded bonds at the end of 14th coupon period;

- 20% (twenty percent) of the face value of the exchange-traded bonds at the end of 16th coupon period;

- 20% (twenty percent) of the face value of the exchange-traded bonds at the end of 18th coupon period;

- 20% (twenty percent) of the face value of the exchange-traded bonds at the end of 20th coupon period

3.   The Offers by the potential buyers to execute the preliminary agreements, containing obligation to execute the main documents in the future with them or their representatives, shall be submitted from September 26, 2016 at 11 AM Moscow time to September 26, 2016 at 4 PM Moscow time.

4.   Approve the form of the Offer. The approved form of the Offer can be found at the official website of the LSR Group: http://www.lsrgroup.ru/media/files/1262_EVENT87-26_09_2016.pdf  

 

 

For more information please contact:

LSR Group Investor Relations

E-mail: [email protected] 


LSR Group Press Service
Tel.: +7 812 333 11 11
E-mail:
[email protected]
www.lsrgroup.ru 

 


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