December 11, 2007 |
|OOO "Itera" has redeemed the debut bond issue worth 2bn rbl. It was announced in the report of the company. |
Itera placed this issue on December 7, 2004. The rate of the first coupon was set at auction at 13.5% p.a.
We shall remind, that on November,27 "Itera Finance" (the SPV-company of "Itera") placed a bond issue of 1-series totalling 5bn rbl., the rate of the first coupon was set at 10.4% p.a. The bonds mature in 5 years. This issue presupposes semi-annual coupons. Rates of the 2-nd and the 3-rd coupons equal the rate of the first coupon.
Itera - the independent gas company - owns 63.5% of shares of "Yugankneftegaz" and 26% of shares of "Sibneftegaz". The basic participant of Itera is Cyprian Itera Holdings Ltd. (99.99%) which is supervised through Itera Group by Igor Makarov and Indian Sun Group (25.1%).
The net profit of Itera in the I half-year 2007 on RSFA has increased up 69% to 1.618bn rbl.
Issue: ITERA, 01
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||ITERA Oil and Gas Company|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Oil and gas|