The issuer "Obuvrus" (a subsidiary of GC Obuv Rossii) plans to place 1-series bonds in the amount of 700 million rubles, the company said.
The issuer plans to place 3-year bonds denominated in 1 thousand rubles by open subscription to the MICEX SE. Early redemption of bonds is not provided. Securities will have 6 coupon periods lasting 182 days. The 2-3 coupon rate is equal to the 1 coupon rate.
The main activities of the GC “Obuv Rossii” are retail and wholesale supply of shoes. The company develops 2 retail chains - discounters “Pedestrian shoe factory” and Westfalika single-brand stores. The company's turnover in 2010 amounted to 1,568 billion rubles.