OREANDA-NEWS. November 11, 2010. Sviaz-Bank acted as paying agent authorized by the Southern Telecommunications Company (STC OJSC) to pay interest on the fourth coupon of the company’s Series BO-04 (Official Registration Number 4В02-04-00062-А of October 9, 2009), reported the press-centre of Sviaz-Bank.

The bondholders were paid coupon interest as a rate of 11.4% per annum, or 28 rubles 42 kopecks per bond. The Bank paid a total amount of 28,420,000 rubles.

The Southern Telecommunications Company, OJSC, offered its three-years Series BO-04 bonds on October 22, 2009, to raise 1 billion rubles. Sviaz-Bank acted as managing underwriter of the issue.