On June 27, the second coupon of bonds of series 01 of Obuvrus LLC (part of Obuv Rossii group of companies) (state registration number 4-01-16005-R of May 10, 2011) was paid on the second coupon of series 42 bonds. The total amount of payments on the second 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.
Obuvrus LLC placed its debut series 01 bond issue in the amount of RUB 700 million in the summer of 2011. The loan maturity is three years from the date of the placement. An offer is stipulated in 1,5 years. The securities have 6 coupon periods with a duration of 182 days. The rate for coupons 1-3 is 12,25% per annum. Early redemption of bonds is not provided. The organizers of the loan are OJSC AKB Svyaz-Bank, LLC UniService Capital and OJSC CB Accept. In April 2012 the bonds of Obuvrus LLC were included in the quotation list “B” of the MICEX Stock Exchange.
The funds that the company received from the placement of the bonded loan were used to implement the investment program until 2015. In the next 3-5 years Obuv Rossii will invest over 1 billion rubles in the development of a chain of shoe stores. In 2011 and the first half of 2012, the company opened 80 stores throughout Russia.
The Obuv Rossii group of companies is a federal footwear retail company, one of the five largest footwear retailers in Russia. It develops two chains - Westfalica (monobrand, mid-price segment) and Pedestrian (economy chain), as well as the brand of inexpensive youth footwear Emilia Estra. Today, 180 stores of the company, including franchising, operate in 56 cities across the country. Obuv Rossii's revenue in 2011 was 2,203 billion rubles. In January 2012, the Expert RA rating agency raised the company's credit rating to “A” - a high level of reliability. Obuv Rossii won the Company of the Year 2010 award (organized by RBC) in the nomination For Contribution to the Development of the Retail Market.