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LSR Developer Approves Sale of 8 Billion Rubles of 5-Year Bonds

Sept. 21 (Bloomberg) -- The board of LSR Group, a Russian real estate developer, approved the sale of 8 billion rubles ($255 million) of five year bonds, according to a regulatory filing from the company today. The bonds will be sold in two issues of 3 billion rubles and 5 billion rubles, according to the statement.

Link to Statement:{NSN LRV1L23HBS3K <GO>}

Link to Company News:{LSRG RU <Equity> CN <GO>}

To contact the editor responsible for this story: Alex Nicholson at anicholson6@bloomberg.net

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