Russia's LSR Group buys back RUB 239.87 million interest-bearing bonds

By Tali David

Minneapolis, Sept. 26 - LSR Group OSJC completed the buyback of RUB 239,869,000 series 02 interest-bearing non-convertible bonds with mandatory safekeeping, according to a filing with the London Stock Exchange.

The 239,869 bonds were repurchased at 100.6 plus accrued interest. The total purchase price was RUB 244,851,079.13 including accrued interest.

On Sept. 17, the company announced a put option for the bonds. Bonds could be tendered between 1 a.m. ET and 10 a.m. ET on Sept. 25 for repurchase on Sept. 26.

The real estate development and building materials company is based in St. Petersburg, Russia.

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