OOO Zhilsotsipoteka-Finance announces put option on 3rd bond issue
14.10.2008 - Cbonds
OOO Zhilsotsipoteka-Finance announces put option on 3rd bond issue
OOO Zhilsotsipoteka-Finance has announces a put option on its 3rd bond issue. The issuer is ready to buy back up to 1,500,000 bonds at holders’ request. The bonds should be submitted for buyback no later than one day prior to the put option date.
Coupon rate for coupon 1 is set at auction, coupon rates for coupons 2-6: according to issue documents
Coupon frequency:
2 time(s) per year
Settlement date:
Jul 29 2008
Maturity date:
Jul 26 2011
Issue Managers:
TransCreditBank
Trading floor:
MICEX
Issuer profile: Zhilsotsipoteka-Finance was set up in June of 2006 to raise financing for a non-profit organization "Fond Zhilsotsipoteka", whoch holds 100% of its stock. Fond Zhilsotsipoteka acts as a construction investor and co-investor in the framework of Russian Railways social programs. The company financing construction projects primarily in the Central Federal Districts.