OJSC LSR Group
OJSC LSR Group
09/17/2021 | Press release | Distributed by Public on 09/16/2021 23:46
LSR Group announces the Coupon Rate of 8.65% per annum for its exchange-traded Series 001P-07 bonds
St. Petersburg, Russia - 15 September 2021 - PJSC LSR Group ('LSR' or the 'Company') (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces the coupon rate of 8.65 % per annum for its non-convertible interest-bearing certified exchange-traded Series 001P-07 bonds (ISIN not assigned) with the registration number 4B02-07-55234-E-001P as of 13.09.2021.
The bonds are to be placed under the programme of the exchange-traded bonds Series 001P with the identification number 4-55234-Е-001P-02E as of 14 September, 2016 with a nominal value of 1,000 (one thousand) rubles each, and the maturity of 1820 days from the commencing date of the exchange-traded bonds placement.
The interest rate of the 2nd - 20th coupon periods is equal to the interest rate of the 1st coupon period: 8.65% per annum.
The Bonds' amortization schedule is set as follows:
- 20% (twenty percent) of the nominal value of the exchange-traded bonds at the end of 12th coupon period;
- 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 16th coupon period;
- 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 20th coupon period;
The commencing date for the Bonds placement is set for 17 September, 2021.
At the time of making a decision on determining interest rates, the number of Exchange-traded Bonds to be placed has not been determined. The number of Exchange-Traded Bonds to be placed will be indicated in the Terms of Placement.
|
Coupon Period |
Annual Coupon Rate (%) |
The amount of the accrued yield per one Bond (rubles) |
The date when the obligation to pay the Bond yield shall be fulfilled |
|
1 |
8.65 |
21,57 |
17.12.2021 |
|
2 |
8.65 |
21,57 |
18.03.2022 |
|
3 |
8.65 |
21,57 |
17.06.2022 |
|
4 |
8.65 |
21,57 |
16.09.2022 |
|
5 |
8.65 |
21,57 |
16.12.2022 |
|
6 |
8.65 |
21,57 |
17.03.2022 |
|
7 |
8.65 |
21,57 |
16.06.2023 |
|
8 |
8.65 |
21,57 |
15.09.2023 |
|
9 |
8.65 |
21,57 |
15.12.2023 |
|
10 |
8.65 |
21,57 |
15.03.2024 |
|
11 |
8.65 |
21,57 |
14.06.2024 |
|
12 |
8.65 |
21,75 |
13.09.2024 |
|
13 |
8.65 |
17,25 |
13.12.2024 |
|
14 |
8.65 |
17,25 |
14.03.2025 |
|
15 |
8.65 |
17,25 |
13.06.2025 |
|
16 |
8.65 |
17,25 |
12.09.2025 |
|
17 |
8.65 |
8,63 |
12.12.2025 |
|
18 |
8.65 |
8,63 |
13.03.2026 |
|
19 |
8.65 |
8,63 |
12.06.2026 |
|
20 |
8.65 |
8,63 |
11.09.2026 |
For more information please contact:
Department for Investor Relations and Sustainable Development
E-mail: [email protected]
About LSR Group:
PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and the Leningrad Region, Moscow and the Moscow region and Yekaterinburg. As of 31 December 2020 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounted to 8.2 million m2 with the market value of RUB 276 billion.
In accordance with its audited IFRS consolidated financial statements for 2020, LSR Group reported revenue of RUB 118.1 billion, Adjusted EBITDA of RUB 27.4 billion and Net Profit of RUB 12.0 billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG).