OREANDA-NEWS. March 23, 2011. OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG) announces the placement of interest-bearing non-convertible rouble bond. The bonds will be placed through public subscription. The total size of the issue is RUB 2 billion, reported the press-centre of LSR Group.

Bond information:

Issuer: OJSC LSR Group

Series: BO-03

Identification number: 4В02-03-55234-Е as of 16 February 2011.

Bid collection period: from 6 p.m. (Moscow time) on 18 March 2011 until 3 p.m. (Moscow time) on 22 March 2011.

Placement date: 24 March 2011

Duration: 1092 days starting from the placement date

Interest payment periods: 6 interest payment periods of 182 days each

Lead manager: Uralsib Capital
 
The first coupon rate will be determined by the issuer after the end of bid collection period, and no later than one calendar day before the placement date. The interest rate of the second, third, fourth, fifth and sixth coupons will be equal to the first coupon rate.
 
The bonds were admitted to trading during the placement and included in the Quotation list “A1” of CJSC MICEX Stock Exchange.