OREANDA-NEWS. On 15 May 2009 was announced, that OJSC PAVA effected its 10th coupon payment on the second bond issue. The interest rate of the 10th coupon for the second bond issue was set at 12.5 % per annum.

The total payment for the 10th coupon period amounted to RUR12,436,233.78. Since the 1st until the 10th coupon periods the company has paid off RUR221,802,253.22.

According to the schedule, payment on the 11th coupon, series 02, will be effected on August 2, 2009.

The main parameters of the bond loan are: non-convertible interest-bearing documentary bearer bonds; series 02 subjected to mandatory centralized custody; 1,000,000 bonds with par value RUR1,000 each. The maturity date is on the 1,800th day since the date of placement.