LenSpetsSMU has paid off 01 series bonded loan ahead of schedule

On Thursday, 21st of February, the first issue of CDR (CJSC) bonds (state registration number -01-13346-J dated 27.01.2005) was paid off ahead of schedule.

The resolution on the early payment (call-option) was adopted by the Board of directors in the beginning of February, 2008 due to high level of liquidity across the company and due to the wish to change the capital structure.

The details of the early payment can be read at the news strip of Interfax and at the company's financial site, as well as this information was published in "Izvestiya - Saint-Petersburg" newspaper issued on 26.02.2008.