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Published on 3/24/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Russia’s LSR redeems RUB 533.64 million series 001P-01 bearer bonds

By Taylor Fox

New York, March 24 – PJSC LSR Group redeemed RUB 533,636,200 of its non-convertible interest-bearing certified exchange-traded series 001P-01 bearer bonds (ISIN: RU000A0JWU98), according to a news release.

The term of the bonds is divided into 20 coupon payment periods, and the bonds are callable in 20% installments at the end of coupon payment periods 12, 14, 16, 18 and 20.

On Wednesday LSR said it made the 18th coupon payment on the bonds.

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


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