OREANDA-NEWS. October 20, 2009. JSC Federal Grid Company of Unified Energy System paid the sixth coupon yield on bonds of 04 series. Total payment for bond holders comprised RUR 218,400 thous., coupon yield on one bond was RUR 36.40.

Flotation of JSC FGC UES ruble bond issue of 04 series took place on October 12, 2006 on MICEX. The fourth bonded loan was issued for a term of five years, overall par value of the issue comprised RUR 6 bn. Coupon rate was established in the amount of 7.30% per annum. Total 10 coupons will be paid on bonds from 04 series. Payment of the last coupon will be performed on October 6, 2011.

Desision authorising the securities issue of 04 series was made by JSC FGC UES Board of Directors on July 27, 2006 (Minutes No.35 dated July 27, 2006), in the meantime the Board of Directors approved Resolution on the securities issue and the Securities Prospectus. The Federal Financial Markets Service (FFMS) registered JSC FGC UES Resolution on the securities issue and the Securities Prospectus of the fourth series on September 7, 2006 (state registration number is 4-04-65018-D).

At the present time bonds from 02, 04 and 05 series are circulated to the amount of RUR 7 bln., 6 bln. and 4.98 bln. with the circulation period – five, five and three years accordingly.

The total amount paid by JSC FGC UES to the bond holders in 2008 exceeded RUR 8.88 bln. The sixth coupon (payment date – June 24, 2008) and the seventh coupon (payment date – December 23, 2008) of bonds from 02 series; the fifth coupon (payment date – June 13, 2008) and the sixth coupon (payment date – December 12, 2008) of bonds from 03 series; the third coupon (payment date – April 10, 2008) and the fourth coupon (payment date – October 09, 2008) of bonds from 04 series; the third coupon (payment date – June 03, 2008) and the fourth coupon (payment date – December 02, 2008) of bonds from 05 series to the total amount of RUR 1.86 bln.

Moreover, a par value of the third bonded loan was paid in the amount of RUR 7 bln., and advance payment of par value of bonds from 05 series was performed in the amount of RUR 20 mln, the bonds had been presented for redemption in accordance with item 6, article 15 in the Federal Law “On joint-stock companies” No.208-FZ dated December 26, 1995.