LenSpetsSMU meets eleventh coupon redemption obligations of 01 series of bonds

11.09.2012

On 10 September 2012, LenSpetsSMU fulfilled its obligations to investors for the redemption of the 11th coupon of the 01 series of bonds (reg. 4-01-17644-J dated 12.11.2009) in full and on time.

In total, 15.78mn rubles of the coupon were paid off. The coupon was paid at a rate of 7.89 rubles per bond, translating as 16.00% of the annual coupon rate.

As of 23 August 2012 bonds series БО-02 has been trading at a price of 101.53% above par at a duration of 0.28 years; generating yields of 10.98% per annum.


REFERENCE:

The bonds series 01 for the amount of 2.0bn rubles was placed on 23 December 2009 for a 3-year term. The loan structure does not provide for any put options.

The arrangers of the loan are Alfa-Bank (OJSC) and Promsviazbank (OJSC).

The paying agent for the loan is Alfa-Bank (OJSC).

Standard & Poor’s rating agency has assigned a credit rating of ‘B’ according to the international scale for this bond issue.

MICEX SE included the bonds in the Quotation List “B” for December 2010.

LenSpecSMU’s bonds 01 series are included in the list of securities accepted in the provision of direct REPO transactions by the Central Bank of RF.

In addition to the direct REPO list, since 2008 LenSpetsSMU has featured on the Bank of Russia List of Organizations (a list of companies whose bills and indebtedness can be accepted by Central Bank of Russia as security for credit given to commercial banks), and since 2010 has also featured on section V.2 of the Bank of Russia Lombard List.

CONTACT DETAILS:

Elena Kazakova

Head of Public Relations

(812) 348-21-25

Elena.Kazakova@etalongroup.com

Yana Yashchenko

Deputy CFO

(812) 348-09-95

Yana.Yashchenko@etalongroup.com