Bonds of OOO "Rubezh-Plus Region" were placed in full
On 5th June 2007 the 1st issue of the bonds of OOO “Rubezh-Plus Region” was placed in the volume of 1 billion rubles for 3 years with an offer provided for in 1.5 year after the placement.
The rate of the 1st coupon determined during the tender accounted for 12% per annum. The rates of the 2nd and 3rd coupons are equated with the value of the 1st coupon. Consequently, the efficient bond-offer yield accounted for 12.36% per annum. The coupon rates declared by bidders ranged from 11.20% to 12.00%.
A lead manager of the issue was Bank “Saint Petersburg”, a manager - Svyaz-Bank, co-managers - International Moscow Bank, AK BARS Bank and Bank Soyuz and co-underwriters - IC East Capital, Tatfondbank, VTB-24 and Metkombank.
OOO “Rubezh-Plus Region” is a managing company of Rubezh Group, a leader of the Russian beef, pork and poultry import market. The Group unites 20 trade, production and logistic companies based in Saint Petersburg, Moscow and Novgorod and Pskov regions. Its core business is meat and meat products trade and import, production of chicken and minced meat and eggs, production and sale of sausages and meat delicacies and transport and other services.
Its client base includes over 500 operators of the meat market.