OREANDA-NEWS. On April 02, 2008 Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia announced the placement date and buyback conditions for the RUR 2,0 bln bond issue, reported the press-centre of Uralsvyazinform.
 
On April 1, 2008 BoD of Uralsvyazinform approved 09 April 2008 to be the placement date of 08-series bond issue worth 2,000,000,000 (two billion) rubles.

The BoD also decided for the 2-year buyback option offered to the bondholders. According to the decision, buyback offering starts on 12 April 2010. The bonds should be presented for buyback from 3 April 2010 till 7 April 2010.

Issue parameters:
Documentary interest-bearing non-convertible bearer bonds of 08 series with mandatory centralized custody

Number of bonds in the issue: 2,000,000 (two million);

Nominal value: 1,000 (one thousand) rubles;

Total volume: 2,000,000,000 (two billion) rubles;

According to the issue documentation, the bonds are redeemed in parts in the following terms:

On the 1638th day since bond placement in the amount of 50% of each bond’s par;

On the 1820th day since bond placement in the amount of 50% of each bond’s par.

The issue will be placed at Moscow Interbank Currency Exchange (MICEX).

Placement method: open subscription.

Lead manager – OAO AKB “Svyaz-Bank”. Financial advisor – ZAO “BFA”.

The raised money will be used to re-finance the existing credit portfolio and finance the investment program.

For additional information, please contact IR department on tel. (007 343) 379 1219, 379 1859 or e-mail: investor@gd.usi.ru .

OAO AKB Svyaz-Bank, Antonina Gorodetskaya, tel +(495) 228-38-01, gorodetskaya@sviaz-bank.ru