In order to develop the business and for the current financing of the activities, Obuv Rossii GC posted a new bond issue worth one billion rubles on the Moscow Exchange, organized by Svyaz-Bank. The maturity of the securities is five years, the issue includes 500 securities with a par value of 2 million rubles each and provides for the payment of quarterly coupons. The rate on the first of them is 13,8%, the rates of 2 – 8 coupons are equated to it. The possibility of early redemption of bonds at the request of the owners and at the discretion of the issuer is provided.
The previous five-year issue of the Shoe of Russia bonds worth one billion rubles, placed in September 2014, is also in circulation today.