Turanalem-Finance LLC (Russia) set 3 - 8th coupon rates on its bonds of the 1st series in size of 7.75% APR.

/INTERFAX, Moscow, October 4, 06, title IRBIS/ - Turanalem-Finance LLC set rates of 3-8th coupons of 3-years' bonds of the first issue with the total volume of emission 3 bn. roubles at the level of 7.75% APR, is said in the official information of the company. Per one paper with nominal 1 th. roubles on each of these coupons will be pay 38.64 roubles. Total volume of payments on each coupon totals 115.92 m. roubles. Offering of the debut issue of securities had take place on FB MICEX on October 11 2005, date of maturity - October 6 2009. Papers have 8 semi-annual coupons. Rate of the first coupon of Turanalem- Finance bonds during the auction on offering was determined at 6.4% APR. Rate of the second was equated with the first. By the emission documents the offer on pre-scheduled redeem of bonds during last 10 days of the second coupon period on nominal by demand of the papers' owners is foreseen. Organizers of issue were Rayffayzenbank and Russian investment group "Aton". Turanalem-Finance LLC - is the 100%-ge daughter company of Kazakhstan bank TuranAlem JSC. [2006-10-05]