On September 14, 2021, LSR Group, a real estate developer and building materials producer in Russia, announced the terms for the submission of the offers for its non-convertible interest-bearing certified exchange-trade Series 001P-07 bonds.
The offers must be submitted on September 14, 2021, from 11 am until 3 pm Moscow time.
The bonds, with registration number 4B02-07-55234-E-001P as of September 13, 2021, were to be placed under the program of the exchange-traded bonds 001P with the identification number 4-55234-Е-001P-02E as of September 14, 2016 (ISIN not assigned).
The placement process is organized via book-building by the Russian Agricultural Bank, Sovcombank, MKB, and Alpha Bank. The amortization schedule consists of 20% (twenty percent) of the nominal value of the exchange-traded bonds at the end of 12th coupon period; 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 16th coupon period; 40% (forty percent) of the nominal value of the exchange-traded bonds at the end of 20th coupon period.
