PJSC LSR Group (LSRG)
PJSC LSR Group: LSR Group announces the Coupon Rate of 8.4% per annum for
its exchange-traded Series 001P-05 bonds
23-Oct-2019 / 16:45 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
LSR Group announces the Coupon Rate of 8.4% per annum for its
exchange-traded Series 001P-05 bonds
St. Petersburg, Russia - 23 October 2019 - PJSC LSR Group ("LSR" or the
"Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate
developers and building materials producers in Russia, today announces the
coupon rate of 8.4% per annum for its non-convertible interest-bearing
certified exchange-traded Series 001P-05 bearer bonds subject to mandatory
centralised custody (ISIN not assigned).
The bonds are to be placed under the programme of the exchange-traded bonds
Series 001P with the identification number 4-55234-?-001P-02E as of 14
September, 2016 in the amount of 6,000,000 (six million) exchange-traded
bonds with a nominal value of 1,000 (one thousand) rubles each, and the
maturity of 1,820 (one thousand eight hundred twenty) 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: 8.4% 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;
Coupon Annual The amount of Total amount The date
Period Coupon Rate the accrued of the when the
(%) yield per one accrued Bond obligation
Bond yield to pay the
Bond yield
shall be
fulfilled
(rubles) (rubles)
(days from
the
commencing
date of the
bond
placement)
1 8.40 20.94 125,640,000 91
2 8.40 20.94 125,640,000 182
3 8.40 20.94 125,640,000 273
4 8.40 20.94 125,640,000 364
5 8.40 20.94 125,640,000 455
6 8.40 20.94 125,640,000 546
7 8.40 20.94 125,640,000 637
8 8.40 20.94 125,640,000 728
9 8.40 20.94 125,640,000 819
10 8.40 20.94 125,640,000 910
11 8.40 20.94 125,640,000 1,001
12 8.40 20.94 125,640,000 1,092
13 8.40 16.75 100,500,000 1,183
14 8.40 16.75 100,500,000 1,274
15 8.40 16.75 100,500,000 1,365
16 8.40 16.75 100,500,000 1,456
17 8.40 8.38 50,280,000 1,547
18 8.40 8.38 50,280,000 1,638
19 8.40 8.38 50,280,000 1,729
20 8.40 8.38 50,280,000 1,820
For more information please contact:
Investor Relations Media Relations
LSR Group Press Service
E-mail: press@lsrgroup.ru
Igor Tsoy
Director of Investor Relations
E-mail: IR@lsrgroup.ru
About LSR Group:
PJSC LSR Group is one of Russia's leading residential real estate developers
and building materials producers. Founded in 1993, the business of LSR Group
is concentrated in the five largest regions of Russia - Moscow, St.
Petersburg, Yekaterinburg, the Leningrad and Moscow regions. The main
business areas of the Company are real estate development and construction
and production of building materials. LSR Group carries out projects in all
segments of residential real estate market: mass market, business and elite.
In accordance with its audited IFRS consolidated financial statements for
2018, LSR Group had revenue of RUB146.4 billion, Adjusted EBITDA of RUB36.4
billion and Net Profit of RUB16.2 billion. As of 31 December 2018 (according
to Knight Frank), the net sellable area of projects in LSR Group's real
estate portfolio amounted to 7.8 million m2 with a market value of RUB186
billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX:
LSRG) and GDRs representing its ordinary shares are traded on the London
Stock Exchange (LSE: LSRG).
www.lsrgroup.ru [1]
ISIN: US50218G2066
Category Code: IOD
TIDM: LSRG
LEI Code: 25340067LEEMJ79K8X43
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 24411
EQS News ID: 895103
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f69150ed01d3088b34284c75345c9309&application_id=895103&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 23, 2019 10:45 ET (14:45 GMT)
