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The restructuring of Russian Real Estate Investment Company AB (publ)'s bond loan has been completed


November 22, 2013 - London

Press Release
November 22, 2013

Omstruktureringen av Russian Real Estate Investment Company AB (publ)'s Obligationslån har genomförts
The restructuring of Russian Real Estate Investment Company AB (publ)'s bond loan has been completed

Den 22 november 2013 har Russian Real Estate Investment Company AB (publ) ("Ruric" eller "Bolaget"), i enlighet med det informationsdokument som publicerades den 10 oktober 2013, genomfört omstruktureringen av obligationer under sitt utestående 10%/13% 2010/2014 obligationslån med ISIN SE0003045848 ("Obligationslånet") med ett totalt utestående nominellt belopp om SEK 619 750 000 ("Obligationerna"). Bolagets samtliga betalningsskyldigheter under Obligationslånet har därmed till fullo reglerats. Obligationerna har avregistrerats i Euroclear Sweden AB och en begäran om avlistning från NASDAQ OMX Stockholm har skickats.
On 22 November 2013, Russian Real Estate Investment Company AB (publ) ("Ruric" or the "Company"), in accordance with the information memorandum published on 10 October 2013, completed the restructuring of its outstanding 10%/13% 2010/2014 bond loan with ISIN SE0003045848 and with an outstanding total nominal amount of SEK 619,750,000 (the "Bonds"). All payment obligations of the Company under the Bonds have accordingly been extinguished. The Bonds have been cancelled and deregistered in the systems of Euroclear Sweden AB and a request for delisting has been submitted to NASDAQ OMX Stockholm.

Som en följd av omstruktureringen har Bolagets tidigare helägda dotterbolag Russian Real Estate Investment Company DVA AB (org. nr. 556662-7161), Russian Real Estate Investment Company TRI AB (org. nr. 556662-7286), Russian Real Estate Investment Company Chetire AB (org. nr. 556662-7971) samt PDFinance Sweden AB (org. nr. 556717-7968) överlåtits till St Petersburg Property Company AB (publ) (org. nr. 556911-8275), som i sin tur överlåtits till fordringshavarna under Obligationslånet i förhållande till respektive fordringshavares innehav av Obligationer. Vidare är St Petersburg Property Company AB (publ) nu innehavare av 26 037 139 aktier av serie B i Ruric. Alla säkerheter som ställts under Obligationslånet har släppts.
As part of the restructuring, Ruric has transferred the ownership in its former wholly owned subsidiaries Russian Real Estate Investment Company DVA AB (reg. no. 556662-7161), Russian Real Estate Investment Company TRI AB (reg. no. 556662-7286), Russian Real Estate Investment Company Chetire AB (reg. no. 556662-7971) and PDFinance Sweden AB (reg. no. 556717-7968) to St Petersburg Property Company AB (publ) (reg. no. 556911-8275), which in turn has been transferred to the bondholders under the Bonds pro rata to their ownership of Bonds. St Petersburg Property Company AB (publ) is further the owner of 26,037,139 class B shares in Ruric. All security that was granted under the Bonds have been released.

For additional information:

Tatiana Ottestig, CEO
Tel.: +7 (812) 309-78-95
E-mail: tottestig@ruric.com
Web:  www.ruric.com

About Ruric:

RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. no. 556653-9705, Lindhagensgatan 94, SE-112 18 Stockholm)) is a public limited liability company incorporated under the laws of Sweden, operating in the St. Petersburg commercial real estate market since 2004.

The company is dealing with the investment projects coordination, local and national market approach consulting, valuation and property trust services. Real estate portfolio construction and management services are also included.

RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag

Press Release - November 22, 2013 (.pdf file)



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

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information contained therein.

Source: Russian Real Estate Investment Company via Thomson Reuters ONE

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