News for Investors
Obuv Rossii Group paid the 2nd coupon on exchange-traded bonds, 001R-03 series, of RUB 4.7 mln
Obuv Rossii LLC (a part of Obuv Rossii Group) has paid the profit on the 2nd coupon on exchange-traded bonds, 001R-03 series (identification No. 4V02-03-00412-R-001R dated 12 August 2020) today, on 19 October 2020.
The total amount is 4,725,000.00 rubles (9.45 rubles per bond), the coupon rate is 11.5% per annum. The Company has fulfilled its obligations on payment of the coupon profit.
Obuv Rossii placed bonds of 001R-03 series (as part of a program of exchange-traded bonds, 001R series) in the amount of 500 mln rubles on 18 August 2020 on MOEX by public subscription.
“We appreciate our investors and their confidence in the company. Due to the transformation of the business model and the creation of an omnichannel retail format, we are increasing sales and restoring revenue, which in August already exceeded the average monthly indicators of the pre-quarantine first quarter of 2020. The main tasks for the 4th quarter are to improve the efficiency of sales outlets, modernize the online store, and actively develop financial services. We will continue increasing key business indicators in order to maintain interest in the company from the investment community,” comments Anton Titov, CEO of Obuv Rossii Group.
The number of issued securities is 500,000 and the nominal value is 1,000.00 rubles. The coupon is paid out monthly.
Ivolga Kapital LLC is the organizer of this placement.
Obuv Rossii has been implementing the bond program since the summer of 2011. The Group has placed bonds totaling 9.2 billion rubles over the past nine years. Four issues of company’s bonds at the amount of 4 billion rubles are being traded on MOEX.
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