LenSpetsSMU fulfills redemption on 8th Eurobond coupon payment

12.11.2012

On Thursday 8 November 2012, CJSC SSMO LenSpetsSMU fulfilled its obligations to investors for the redemption of its 8th coupon on Eurobonds (LPN) in full and on time. The amount of interest paid totaled USD 3 615 625.

REFERENCE

On 15 November 2010, LenSpetsSMU placed Eurobonds (LPN) totaling USD 150mn. The LPNs have an amortization repayment scheme which dates the final payment as due on 09 November 2015. The structure of the loan does not provide for any put options and the interest rate is fixed at 9.75%.

The legal adviser on the issue was Allen & Overy. The tax advisor was Pepeliaev Group, the trustee is TMF Group with Deutsche Bank (London branch) acting as the paying agent.

CONTACT DETAILS:

Kseniya Savchuk

Acting head of Public Relations

+7 (812) 348-21-25

Kseniya.Savchuk@etalongroup.com

Yana Yashchenko

Deputy CFO

+7 (812) 349-38-40

Yana.Yashchenko@etalongroup.com