Joint-stock company Nothern Urals Gold has paid the second coupon on its bonds in accordance with issue conditions.
Joint-stock company Nothern Urals Gold has paid the second coupon on its bonds in accordance with issue conditions. This information was given by NOMOS-Bank that is a universal agent, underwriter and payment agent of bond issue. In accordance with issue conditions Northern Urals Gold has completely paid the second coupon on bonds of A01 series with total value of 7,875 mln. rub.
Issue of bonds with 150 mln. roubles value and face value of 1 thousand roubles each was placed at the auction at Moscow Interbank Stock Exchange. Return on coupon was defined in the course of the auction and made 5,25% of the coupon face value that corresponds to the effective yield for paying off 22,78% annual. Placement conditions stipulate 3 coupon payments which size is constant - 52.50 roubles on one bond. Alfa -bank and MDM-bank were co-organizers of this bond issue.
Closed joint-stock company Northern Urals Gold is a subsidiary of Polymetal Inter-regional research and Production Association (St-Petersburg) and develops Vorontzovskoye gold deposit.