| • Issuer, issue number: |
Seventh Continent, 02 |
| • Income calculation: |
|
| • Type of debt instrument: |
Domestic bonds |
| • Type of bonds: |
Coupon bonds |
| • Form of issue: |
Documentary bearer bonds |
| • Auction type: |
Coupon |
| • Placement type: |
Public offering |
| • Issue status: |
outstanding |
| • Type of placement: |
public |
| • Par, currency of issue: |
1000
RUR, 1 000
|
| • Amount: |
7 000 000 000 |
| • Registration date: |
Dec 26 2006 |
| • Report registration date: |
Jul 10 2007 |
| • State registration number: |
4-02-00462-H |
| • ISIN: |
RU000A0JPB17 |
| • DCC: |
RF0000011238 |
| • Day Count Fraction: |
Actual/365 (Actual/365F) |
| • Start of placement: |
Jun 21 2007 |
| • End of placement: |
Jun 21 2007 |
| • Date of circulation start: |
Jul 27 2007 |
| • Issue price: |
100 |
| • Coupon: |
Coupons 1-6 - 7.8%, coupon 7 - 9.25%, coupon 8 - 9%, coupon 9 - 8.75%, coupon 10 - 8.5% |
| • Coupon frequency: |
2 time(s) per year |
| • Settlement Date: |
Jun 21 2007 |
| • Maturity date: |
Jun 14 2012 |
| • Issue Managers: |
Arranger - MDM Bank |
| • Trading floor, listing category: |
MICEX, RU000A0JPB17 (Unlisted securities, Jul 14 2009)
RTS Classica, SCON02 (Unlisted securities)
RTS T+0, SCON02G (Unlisted securities) |
| • Guarantors: |
7K Invest-Holding
|
| • Additional information: |
Guarantor - ZAO 7K Invest-Holding |
| • Investment banks: |
Bookrunner:
MDM Bank
Co-lead manager(s):
VTB
WestLB Vostok
Deutche Bank Russia
Raiffeisen Bank
Renaissance Capital
URSA Bank
BSGV
Underwriter(s):
BINBank
VTB 24
Veles Capital
ING Commercial Banking Russia
Ñommerzbank (Eurasija)
Bank Credit Suisse
Lipetskcombank
MBRD
Debt restructuring agent:
MDM Bank
|
|
Debt Servicing |
| • Status: | Non-execution of put option |
| • Liability type: | Buyback option |
| • Planned date of meeting liabilities: | Jun 23 2009 |
| • Date of meeting liabilities due to technical default: | Jul 23 2009 |
| • Actual date of meeting liabilities: | |
| • Additional information: | Amount of unsettled obligation: RUR 1.904 m worth of principal (1,903,938 bonds) and RUR 2.037 m worth of accrued interest |
|
|
Debt restructuring |
| • Date of restructuring: | Apr 29 2009 |
| • Debt restructuring agent: | MDM Bank |
| • Additional information: | MDM-Bank and OAO Seventh Continent are agents on debt restructuring.
The issuer offers to exchange Series 02 bonds worth RUR7bn for exchange bonds on the put option date (June 23, 2009)and have 20% of Series 02 bonds redeemed.
Exchange bonds have a 2-year tenor and carry quarterly coupons. Exchange bonds amortise with 20% installments to be repaid gradually starting from the 4th coupon period. |
|
