Prior redemption of local registered bonds of Luhansk City Council, series A
On October 31, 2011 a prior redemtion of local registered bonds of Luhansk City Council, series A took place with the total number of 8,481 bonds for the total nominal value of UAH 8,481,000.00.
The agreements on prior redemption were conclued with the participation of an authorized representative of the issuer – JSB ‘Ukrgasbank’ in accordance with the issue prospectus of the local registered bonds of the Lugansk City registered by the State Commission of securities and stock market.
JSB ‘Ukrgasbank’ has arranged the issue and primary offering of the local registered bonds serier A of Luhansk City Council. The total volume of issue amounts to UAH 10m.
The fund raising aimed at the financing the Luhansk city development and infrustructure renewal, namely: reconstructure and other capital expenditures.
The fixed interest rate for the local registered bonds amounts to 10.4% p.a.
The bonds mature on October 29, 2012.
03.11.2011