OREANDA-NEWS. October 22, 2007 is the set off day for competitive bids for A series bonds of LLC “STS – modern trade networks”. The term of acceptance of competitive bids will be from 9:00 AM of October 22, 2007 till 15:00 PM of October 25, 2007, reported the press-centre of UkrSibbank.

Single yield level for A series bonds placement of LLC “STS – modern trade networks” will be determined by the Issuer based on the bids accepted from investors. Primary allocation profitability is the same for all investors for the entire initial offering period.

Primary placement of A series bonds is planned for October 29, 2007, and it will last up to December 28, 2007 or till the moment of the last bond being allocated. Issue sponsor is “UkrSibbank”.

Basic issue parameters:
Issue volume: UAH 100 000 000.00, two series of UAH 50 000 000.00;
Closed (private) allocation;
А series – UAH 50 000 000.00;
Circulation period for A series – upon the report on bonds placement results being registered with the State Commission for Securities and Stock Market and issue registration certificate being rendered and up till October 25, 2010;
В series – UAH 50 000 000.00;
Commencement date of B series allocation – April 25, 2011;
B series circulation period – upon the report on bonds placement results being registered with the State Commission for Securities and Stock Market and issue registration certificate being rendered and up till April 25, 2011;
Nominal value per bond: UAH 1 000;
Coupon income for the first to fourth coupon periods for both series: 15% per annum in UAH, interest rate for other periods will be fixed by the Issuer, but will not be less than 3% per annum in UAH;
Coupon period: 91 days;
Early sale of bonds: possible upon termination of the 4th and 8th coupon periods of the bonds of respective series;
Depositary: OJSC “MFS”;
Issue sponsor: JSCIB “UkrSibbank”;
Paying agent: JSCIB “UkrSibbank”.

JSCIB “UkrSibbank” will maintain liquidity of secondary market of the Issuer’s corporate bonds by displaying daily quotations in the First Financial and Trading System.