CJSC "Conti" Paid off A Series Bonds
OREANDA-NEWS. On August 13, 2007 JSCIB “UkrSibbank”, the managing underwriter of CJSC “Conti” A series bonds issue, informed that the Issuer fully and timely paid off the bonds yield interest for the 7th coupon period. The amount of interest payments for the 7th coupon period made up UAH 2 892 000.00 (two million eight hundred ninety two thousand hryvnias) or UAH 36,15 per bond, reported the press-centre of JSCIB “UkrSibbank”.
Data on the bonds issue was registered by State Committee on Securities and Stock Market (certificate on A series bonds issue dated 24.10.2005, registration No. 284/2/05).
Basic issue parameters:
Volume of issue: A series – UAH 80 000 000.00;
Public (open) offering;
Nominal value per bond: UAH 1 000;
Maturity period: 36 months;
Coupon rate for the fifth-to-eighth periods was established by the Issuer at the level of 14.5% per annum in UAH;
Coupon period: 91 days;
Premature sale of bonds: it is possible upon the 4th and 8th coupon periods;
Depository: OJSC "MFS";
Lead underwriter: JSCIB "UkrSibbank";
Paying agent: JSCIB "UkrSibbank".
JSCIB "UkrSibbank" will keep the second market liquidity of the Issuer’s corporate bonds by daily listing in FSTS.
Reference:
CJSC “Industrial Association Conti” (Donetsk city) is one of the top three largest confectionaries in Ukraine founded in 1997. Main production volume of CJSC “IA Conti” is driven by patisseries and biscuits. Company’s products are positioned under the trademarks of "CONTI", "BONJUR", "Super Contik", "Belissimo", "Melodika", "Mamulin tort", "Skeit". Basic manufacturing facilities are confectionary plants in Konstantinovka, Donetsk and Gorlovka.
In physical terms, the sales volume in 2006 made up 131,9 thousand tons, almost by 24% more than in 2005. Upon results of 2006, the net profit of the company reached UAH 1023,1 mln., thus having been increased by 55% against 2005. Net income amounted to UAH 34,5 mln, which is by 60,5% more than in 2005.
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