Obuvrus has passed the offer
28.12.2012 2715

Obuvrus has passed the offer

Obuvrus, part of the Obuv Rossii group of companies, has successfully passed the put option for series 01 bonds. The issuer offered 4 bonds worth 500 rubles for redemption. The total cost of the issue was RUB 1 million. Obuvrus fulfilled its obligations in full and acquired all bonds presented for redemption.

According to Anton Titov, director of Obuv Rossii Group of Companies, only a small part of investors returned their investments, which testifies to the trust and attractiveness of the business.

Note that the company's revenue in the three quarters of 2012 increased by 58%, net profit increased 3 times. Obuvrus increased the yield on coupons 4-6 of its bonded loan and set the rate at 12,85%. During the circulation of securities on the exchange, the number of holders has grown fivefold.

In addition, on December 26, the third coupon was paid on the bonds of Obuvrus LLC for a total of 42 rubles, which corresponds to a coupon rate of 756% per annum. The issuer also fulfilled its obligations in full.

For coupons 4-6 of Obuvrus bonds, the rate is set at 12,85% per annum. The amount of coupon payments will amount to 64,07 rubles per one security with a par value of 1 rubles.

The company used the funds received from investors to implement the investment program until 2017. In the next 3-5 years Obuv Rossii plans to invest over 1 billion rubles in the development of the retail network.

Add that in 2011-2012 years. the company has doubled its network, now it includes more 200 stores.

Obuvrus, part of the Obuv Rossii group of companies, has successfully passed the put option for series 01 bonds. The issuer offered 4 bonds worth 500 rubles for redemption. Total cost…
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