By Susanna Moon
Chicago, April 24 – OJSC LSR Group set the coupon at 9.65% on its RUB 5 billion of exchange-traded bonds due in 1,820 days.
The notes will be placed via open subscription beginning April 26, according to a company notice.
The coupon was announced later on Monday in a separate notice.
LSR is a real estate development and building materials company based in St. Petersburg, Russia.
| Issuer: | OJSC LSR Group
|
| Issue: | Exchange-traded bonds
|
| Amount: | RUB 5 billion
|
| Maturity: | 1,820 days
|
| Coupon: | 9.65%
|
| Pricing date: | April 24
|
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