OREANDA-NEWS. March 10, 2011. CenterTelecom OJSC has effected payment in the sum of RUB97,380,000 and the third amortization payment in the sum of RUB900,000,000 (30% of its nominal value) under the ninth coupon of its series 5 interest-bearing documentary non-convertible bearer bonds. The payment was effected on March 1, 2011.

The ninth coupon's rate was 9.3% per annum. The value of the interest paid per bond was RUB32.46. The aggregate amount of the ninth coupon income paid on series 5 bond was RUB97,380,000. An amount of payment of amortization payment per series 5 bond was RUB300. Total sum of amortization payments in the amount of 30% of par value of series 5 bond reached RUB900,000,000. An aggregate amount of payments on series 5 bond was RUB997,380,000.

Three million series 5 bonds with RUB1,000 par value each were placed on the MICEX Stock Exchange on September 5, 2006 for a total sum of RUB3 billion. The placement price reached 100% of par value. The interest rate on the first coupon was set at 8.09% per annum as a result of an auction held on the day of placement. Interest rates for the second, third and fourth coupons were equal to the rate on the first coupon. Interest rate for the fifth coupon amounted to 9.3% per annum. Interest rates for the sixth, seventh, eighth, ninth and tenth coupons were equal to the rate on the fifth coupon.

The bonds are to be redeemed in the amount of 10% of the nominal value on the 1,274th day after the placement date (March 2, 2010), 20% of the nominal value on the 1,456th day after the placement date (August 31, 2010), 30% of the nominal value on the 1,638th day after the placement date (March 1, 2011), and 40% of the nominal value on the 1,820th day after the placement date (August 30, 2011).