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Published on 2/7/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Russia's LSR holders put RUB 1.61 billion of three series of bonds

By Susanna Moon

Chicago, Feb. 7 - OJSC LSR Group said it repurchased RUB 1,611,987,921.04 of three series of certificated interest-bearing non-convertible bearer bonds under put options.

The buyback consisted of RUB 193,255,299.04 of the company's series BO-03 bonds, RUB 685,797,622 of its series BO-05 bonds and RUB 732,935,000 of its series-04 bonds, according to a news release.

The bonds were bought back under the public offer as of Dec. 22.

The broker was OOO Uralsib Capital.

LSR is a real estate development, construction and building materials company based in St. Petersburg, Russia.


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