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MICEX Includes Acron’s Third-issue Bonds in A1 List

MICEX upgrades Acron’s third-issue bonds from B to A1 list.

In August 2010, MICEX upgraded second-issue bonds to A1 list.


Acron’s third-issue bonds were placed at MICEX on November 25, 2009. The bonds, with total par value of RUB 3.5 billion, have a four-year maturity and pay interest semi-annually at the rate of 13.85% for coupons 1-5; the rates for subsequent coupons will be fixed by the issuer. The issuer envisaged a 2.5-year put-option for holders at the par value.