18.07.2008, 20:45
Hyperfinance Bonds Are not Guaranteed by Formata, Kaizer and Rusel
OREANDA-NEWS. On 18 July 2008 X5 Retail Group N.V., Russia's largest food retailer in terms of sales (LSE ticker: “FIVE”), announced that Formata Holding B.V. and its subsidiaries, Kaizer LLC and Rusel LLC have informed the Russian Federal Financial Markets Service (FFMS) that guarantees offered by Formata Group companies in support of a potential issue of corporate ruble bonds by Hyperfinance LLC, a subsidiary of Donson B.V., in the amount of RUR 5 billion with a maturity of five years (register # 4-01-36331-R) had been terminated, and that accordingly the information contained in the bond Prospectus relating to such guarantees is misleading to investors.
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