On 29th of December LOCKO Bank bought back 1 298 088 shares of BO-02 bonds in the total amount of 1.4 billion rubles within public irrevocable offer.
LOCKO has fulfilled its obligations under the public irrevocable offer from 11th of December, 2015 to repurchase its ruble bonds from applicants’ bondholders in full and on time. The repurchase price was equal to 100.00% of the par value of bonds.
Placement of inconvertible listed BO-02 bonds of LOCKO was held in February 14, 2013 in the amount of 4 million shares with a nominal value of 1 000 rubles each and in the total amount of 4 billion rubles. The interest rate for 1st and 2nd coupons was determined at 10,40% per annum at the placement of bonds, the rate for 3rd and 4th coupons was 10,25% p.a. and for 5th and 6th the rate was at 17% per annum. The maturity date is February 11, 2016.
Currently there are four outstanding bond issues of LOCKO-Bank in the market totaling 14 billion rubles.