Mechel has paid off 134.2 million rubles for coupon 21 of the bonds of series 4

Mechel has paid off 134.257 million rubles for coupon 21 of the bonds of series 4 #4-04-55005-Е, May 14 2009. The bond holders got 32.41 rubles per bond, concerning coupon rate of 13% per annum. Total payment for the coupon 21 is 134.257 million rubles.

The company placed the bonds of series 4 at a rate of 5 billion rubles with circulation period of 7 years in July 2009 by price of 100% of the nominal value. The rate of the first coupon was 19% per annum. The rates of coupons 2-12 were equal to the rate of the first coupon. The rate of coupons 13-16 was 11.25% per annum, and the rate of coupons 17-22 was 13% per annum.

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