| • Issuer, issue number: |
Nizhne Lenskoe Invest, 2 |
|
| • Type of bond:
|
Domestic bonds |
| • Auction type: | Coupon |
| • Issue status: | redemption default |
| • Offering: | public |
| • Par, currency of issue: | RUR, 1000 |
| • Amount: | 550 000 000 |
| • Registration date: | Nov 24 2005 |
| • State registration number: | 4-02-36090-R |
| • ISIN: | RU000A0GKZJ8 |
| • Start of placement: | Dec 22 2005 |
| • End of placement: | Dec 22 2005 |
| • Issue price: | 100 |
| • Coupon: | 1-3 coupons: 13% p.a.
4-7 coupons: 13% |
| • Coupon frequency: | 2 time(s) per year |
| • Maturity date: | Jun 18 2009 |
| • Early redemption terms: | Buyback option is provided on the 5th business day after the 3rd coupon redemption date at par,
date: 28.06.07, price: 100. |
| • Issue Managers: | Lead: OOO "Nord Capital" |
| • Trading floor, listing category:
|
MICEX |
| • Guarantors: |  Nizhne-Lenskoye
|
| • Additional information: | Guarantor: OAO Nizhne-Lenskoe |
| • Investment banks:
|
Lead manager:
NORD-CAPITAL
Co-lead manager(s):
MezhBusinessBank
Moscommertsbank
Co-underwriter(s):
MDM Bank
Surgutneftegazbank
East Kommerts
Debt restructuring agent(s):
Promsvyazbank
IFC Metropol
|
|
Debt Servicing |
| • Status: | Default |
| • Liability type: | Redemption |
| • Planned date of meeting liabilities: | Jun 18 2009 |
| • Date of meeting liabilities due to technical default: | Jul 18 2009 |
| • Additional information: | Amount of unsettled obligation: RUR 550m (principal) |
|
|
Restructuring of debt |
| • Date of restructuring: | Jul 01 2009 |
| • Debt restructuring agent: | Promsvyazbank
IFC Metropol |
| • Additional information: | As of the end of December the issuer reached agreements on restructuring of 546,585 Series 02 bonds , which accounts for 99.37% of the issue.
Restructuring schedule: August 2009 - 20% of par value; October 2009 - 27.25% of par value; November 2009 - 27.25% of par value; December 2009 – 25.5% of par value.
On August the issuer paid the first 20% installment in the amount of RUR 69,168,200 plus RUR 1.96m in accrued interest.
The overall amount of repaid principal is RUR 94,949,287.5. Interest payments amounted to RUR 5,986,903.43. |
|
