OJSC TransContainer has completed the payment coupon yield under Series 01 bonds in full and on time. The total amount of the payment came to over 142.1 million roubles, i.e. 47 roubles 37 kopecks per bond of the series.

The debut issuance of OJSC TransContainer’s Series 01 bonds with an aggregate nominal value of 3 billion roubles was placed on 4 March 2008 on the MICEX Stock Exchange in quotation list ‘V’. Acting as sponsors of the issuance were the Russian banks OJSC Bank VTB, OJSC Gazprombank and OJSC TransCreditBank.

Maturity of bonds – 5 years. The nominal value of one bond is 1,000 roubles. 10 coupons will be paid under the bonds, with coupon yield payable twice a year. There will be an offer for the early redemption of the bonds on the 7th business day following the commencement of the 3rd coupon period.

Investors filed 60 applications in the total sum of 6.1 billion roubles during the competition to determine the 1st coupon rate. According to the decision taken by OJSC TransContainer, the 1st coupon rate was set in the amount of 9.5% per annum. The 2nd coupon rate is equal to the 1st coupon rate.