OREANDA-NEWS. July 21, 2008. LLC EMAlliance-Finance (part of the EMAlliance group of companies) completely fulfilled its obligation to provide an annual offer for the early redemption of bonds within the debut bonded loan.

Within the period of validity of the offer, 1 million 33 thousand and 39 bonds were purchased for a sum of 1 billion 34 million 567 thousand 897 roubles and 72 kopeks, including the accumulated coupon profit in the amount of 1 million 528 thousand 897 roubles and 72 kopeks.

President of EMAlliance Timur Avdeenko saw the results of the offer as very positive. EMAlliance has redeemed the bonded loans without damaging its operating activity. Furthermore, following the end of the offer, the company was able to place all of the bonds with interested investors. This successful offer has demonstrated the high level of trust which the market has in us and our business – said T. Avdeenko.

The debut bonded loan of LLC EMAlliance-finance was placed on 14th July 2006 for a period of 5 years. The total nominal cost of the bonds is 2 billion roubles (2 million bonds at a cost of 1 thousand roubles each). The bonds are paid for using half-yearly coupons.