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Obuv Rossii Placed the Third Issue of Exchange Bonds for 1 bln rubles
Obuvrus MFO LLC that is a part of the Obuv Rossii Group of Companies placed 5-year exchange bonds series БО-06 (identification number 4B02-06-16005-R of 21 March 2016) with the volume of 1 bln rubles. That is the third issue of bonds of the Company for two years. They were placed on MICEX by public subscription. The organizer and technical underwriter of the transaction is Svyaz-Bank JSCB. The attracted money will be used to carry out the program of production development and to finance day-to-day activity of the Group.
The bond issue includes 500 bonds with the par value of 2 mln rubles each. Quarterly coupons will be paid under the loan. The rate of the 1st coupon is 13.8% annual. Rates of coupons 2-12 are set equal to the rate of the 1st coupon. At the request of the owners, a three-year offer is provided.
In September 2014 and 2015, Obuv Rossii placed two issues of exchange bonds for the total amount of 2 bln rubles.