Soho
Obuvrus will begin placement of debut bond issue
27.06.2011 2877

Obuvrus will begin placement of debut bond issue

Obuvrus (a subsidiary of Obuv Rossii LLC) announced that it would start placing its debut bond issue on June 29. The bonds will be placed on the MICEX by open subscription. The company plans to issue 700 series 000 bonds with a par value of RUB 01. The placement volume is 1 million rubles. The loan maturity is three years from the date of the placement. An offer is stipulated in 700 years. The organizers of the loan are Svyaz-Bank JSCB, UniService Capital company and Accept CB. The order book for the purchase of 1,5 series bonds closed on June 01. The interest rate of the first coupon of the bonds by the decision of the Obuvrus company was set at 22% per annum.

Recall that the company decided to place securities on April 18 2011 of the year. Obuv Rossii is the first company in the Russian shoe market to place a bond loan. In the 2007 year, Obuv Rossii entered the bill market for the first time, in three years of the bill program the company managed to attract more than 700 million rubles for business development. The bond program is a logical continuation of the company's plans to diversify its loan portfolio and work in the open capital market.

The funds that the company will gain from the placement of the bonded loan will be used to implement the investment program until 2015. Under the program, the company plans to invest 1,5 billion rubles in the development of the network, by the beginning of 2015, increase the number of stores to 450 and revenue to 7,5 billion rubles.

Obuvrus (a subsidiary of Obuv Rossii LLC) announced that on June 29 it will start placing its debut bond ...
5
1
Rating

Latest News

H&M closed all stores in Russia

The Swedish chain H&M has finally curtailed its work in Russia. 172 shops were closed. New stores of Melon Fashion Group (Zarina, befree, Love Republic), Lime, Snow Queen, Turkish…
06.12.2022 230

Portugal will direct 600 million euros to the development of the footwear industry in the next 8 years

The Portuguese Association of Manufacturers of Footwear, Components and Leather Goods (APICCAPS) has presented a new Strategic Plan for the development of the footwear sector until 2030, writes…
06.12.2022 210

MICAM organized a promotional tour in December

The Italian International Footwear Fair MICAM will hold three teaser events in Berlin, Seoul and Brussels in December to anticipate the upcoming event scheduled for February 2023.
05.12.2022 219

Export of leather and footwear products to Russia from Uzbekistan in 2022 increased by 61%

According to the Uzcharmsanoat association, over the year, exports of leather and footwear products from Uzbekistan to Russia increased by 61% and reached $82,5 million in 2022. And next year, the association predicts an increase in exports of these products to Russia to…
05.12.2022 319

Camper launches regenerative wool Wabi slippers

Spanish brand Camper celebrated the 22nd anniversary of its Wabi slippers with a limited edition collection of regenerative wool slippers made in Mallorca.
05.12.2022 278
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning