31
August
2009
IFC METROPOL is acting as the consultant and agent responsible for restructuring a Series 02 bond coupon issued by the Nizhne-Lenskoye-Invest LLC
The Nizhne-Lenskoye JSC and the Nizhne-Lenskoye-Invest LLC
report that they have presently reached an agreement on
restructuring a Series 02 bond coupon (State Registration Number
4-02-36090-R, dated November 11, 2005) issued by the
Nizhne-Lenskoye-Invest LLC. The bondholder agreement concerns
345,841 bonds, which make up 62.88 percent of the total loan.
According to the restructuring agreement’s terms, Nizhne-Lenskoye
JSC will make the first payment to bondholders in the amount of
69,168,200.00 rubles – which makes up 20 percent of the
restructured loan – on August 31, 2009. The payment will
additionally include a coupon interest payment of 1,963,239.86
rubles.
Promsvyazbank OJSC and IFC METROPOL LLC are acting as the loans
consultants and restructuring agents.
