OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, completed buy-back of its Series-03 interest-bearing non-convertible bonds with mandatory safekeeping.
The bonds were bought back in accordance with the Public Offer as of 3 March 2014.
Registration number 4-03-55234-Åas of 02.11.2011. The total amount of bonds submitted was 460,553. The total amount of transaction was RUB 460,562,211.06 including the accrued interest. The bond issue was placed on 14 September 2012. The maturity is 1820 days since the placement date divided into 10 coupon periods. The total size of the issue is 3,000,000 bonds with a nominal value of RUB 1,000 each. Lead manager and broker: FC URALSIB. Notes to Editors: OJSC 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, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2013 (according to DTZ), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 7.8m m2 with the market value of RUB 117bn. In 2013, the sales revenue of LSR Group amounted to RUB 65,316m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS. For more information please contact: LSR Group Press Service Tel.: +7 812 314 10 44 Fax: +7 812 458 83 72 E-mail: press@lsrgroup.ru www.lsrgroup.ru
|