OREANDA-NEWS. September 13, 2011. The MICEX Stock Exchange initiated trading of RUSNANO series 01, 02, and 03 bonds. These are non-convertible, interest-bearing, documentary bonds payable to bearer with mandatory centralized custody.

As part of the reorganization of state corporation Russian Corporation of Nanotechnologies into Open Joint Stock Company RUSNANO—in conformance with federal law № 211-FZ On Reorganization of the Russian Corporation of Nanotechnologies dated July 27, 2010, and order of the Government of the Russian Federation № 2287-r dated December 17, 2010—trading of the corporate bonds was suspended on March 9, 2011.

RUSNANO’s debut placement of obligations had occurred on December 29, 2010. The series 01, 02, and 03 bonds of the corporation had total nominal value of 33 billion rubles and terms to maturity of seven years. Coupon interest rate was set at 8.9 percent annually with the bonds paying 14 semi-annual coupons. As part of the reorganization, those earlier-issued bonds were converted into obligations of Open Joint Stock Company RUSNANO with identical rights and obligations. The government of the Russian Federation has extended a guarantee for payment of the nominal value of the bonds.

First coupon earnings on the series 01, 02, and 03 bonds were paid by the open joint stock company on June 29, 2011. The payment to bondholders totaled 1,464,540,000 rubles.