Quarterly report pursuant to Section 13 or 15(d)

Debt Securities Issued

v3.19.2
Debt Securities Issued
3 Months Ended
Jun. 30, 2019
Debt Securities [Abstract]  
Debt Securities Issued
   

June 30,

2019

   

March 31,

2019

 
Debt securities issued denominated in USD   $ 21,384     $ 20,265  
Debt securities issued denominated in RUB     7,955       7,724  
Accrued interest     433       549  
Total   $ 29,772     $ 28,538  

 

As of June 30, 2019 and March 31, 2019, the Company had outstanding bonds of Freedom KZ and RU issued under Kazakhstan and Russian Federation law in the amount of $29,772 and $28,538 respectively. As of June 30, 2019, Company these bonds had fixed annual coupon rates ranging from 8% to 12% and maturity dates ranging from June 2020 to February 2022.

 

Debt securities issued are initially recognized at the fair value of the consideration received, less directly attributable transaction costs. Debt securities issued as of June 30, 2019 and March 31, 2019, included $433 and $549 accrued interest, respectively. The bonds are actively traded on the KASE and the MOEX.