Seventh Continent buys back Series 02 bonds

May 19, 2010
OAO Seventh Continent has honoured a put option on Series 02 bonds. The issuer bought back 247,338 bonds worth RUR 266.655m including accrued interest. The bonds were bought back at 100% of par value.
The RUR7bn issue has a 5-year tenor.
  • Status
    redeemed
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    7,000,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Seventh Continent
  • Full name
    The Seventh Continent
  • Registration country
    Russia
  • Industry
    Trade and retail