OREANDA-NEWS.  On December 20th, 2007 JSC "The Seventh Continent", made coupon payment on bonds (02 series, registration number 4-02-00462-H dated 26/12/2006). Annual interest coupon rate is 7,8%. According to the terms of the issue, the coupon is paid semi-annually. Total amount of coupon payment comprised 272.23 Mln rubles.

On June 21, 2007, the Company has successfully placed 5 year bonds raising 7 bn. rubles. The bond issue was placed by open subscription on the MICEX, the interest rate for the coupons 1-6 was set 38,89 rubles per bond or 7,8% per annum.