Russia’s LSR buys back RUB 152.04 million of bonds under put option

By Susanna Moon

Chicago, Jan. 20 – OJSC LSR Group said it bought back RUB 152,036,480 of series-04 bonds with mandatory safekeeping under a put option.

The total amount of certificated bonds submitted was 152,000, and the bonds were repurchased under the public offer as of Dec. 23, according to a company announcement.

The total payment for the repurchase was RUB 152,036,480, including accrued interest.

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

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