X5 Announces Put Option Results
OREANDA-NEWS. June 15, 2011. X5 Retail Group N.V. (“X5” or the “Company”), Russia's largest retailer in terms of sales (LSE ticker: “FIVE”), announces today that its wholly owned subsidiary X5 Finance LLC has executed it’s put-option under bond issue series 04.
The new annual rate for the next 6 semi-annual coupons is 7.75% with the next coupon payable on 08.12.2011.
Within the framework of the put-option the company has totally fulfilled its obligations.
For reference:
* Non-convertible interest-bearing RUR-denominated corporate bond issue series 04 was issued by X5 Finance in June 2009 with a par value of RUR 8 bln. The bond matures on 02 June 2016 with put-option on 09 June 2014. Coupon rate for 1-4 coupon periods was 18.46%.
Комментарии