Sviaz-Bank Pays Interest on Bonds Issued by Novorossiysk
OREANDA-NEWS. September 14, 2011. Sviaz-Bank credited all funds then due to the accounts of holders of the
The coupon interest was paid at a rate of 13% per annum, or 6 rubles 48kopecks per bond. The 10% of the par value of the bonds was paid back in accordance with the debt repayment schedule. In all, 31,944,000rubles was paid after taxes.
The Novorossiysk Administration offered its first-ever three-year Series 34001 bond issue on December 12, 2008 to raise 300 million rubles. Sviaz-Bank was managing underwriter of the issue.
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