The first coupon on the Obuv Rossii bonds was paid

On December 28, the yield on the first coupon of series 01 bonds of Obuvrus LLC, a subsidiary of Obuv Rossii LLC (state registration number 4-01-16005-R dated May 10, 2011), was paid on December 42. The total amount of payments on the first coupon was 756 rubles (000 rubles 61 kopecks per bond), which corresponds to a coupon rate of 08% per annum. The obligation to pay the coupon was fulfilled in full. 

On July 01, Obuvrus LLC completed the placement of an 01 series bond loan in the amount of 700 million rubles. The loan maturity is 3 years from the date of placement. Offer is available in 1,5 of the year. Securities have 6 coupon periods lasting 182 days. The rate of 1-3 coupons is 12,25% per annum. Early repayment of bonds is not provided. The organizers of the loan are OJSC AKB Svyaz-Bank, LLC UniServis Capital and OJSC CB Accept. 

The funds that the company earned from the placement of the bonded loan were used to implement the investment program. As part of the Russian Shoes program, it will invest over 1 billion rubles in the development of the network until 2015. In 2011, the company already opened 60 stores - the highest annual rate for the opening of stores in the entire history of the work of Shoe Russia. 

Справка о компании 

Obuv Rossii Group of Companies is a federal shoe retail company, one of the five largest shoe retailers in Russia. It is developing two networks - Westfalika (single brand, mid-price segment) and Pedestrian (economy network), as well as the brand of inexpensive youth shoes Emilia Estra. Today, the company's 180 stores, including franchising, operate in 57 cities throughout Russia. The planned net revenue of Shoe of Russia in 2011 is 2,2 billion rubles. The credit rating of Expert RA is B ++. Obuv Rossii became the laureate of the “Company of the Year-2010” award (organized by RBC) in the nomination “For Contribution to the Development of the Retail Market”.