| | POLISH FINANCIAL SUPERVISION AUTHORITY | |
| |
| | | UNI - EN REPORT No | 4 | / | 2014 |
| | |
| | Date of issue: | 2014-02-06 | | | | | | | | |
| | Short name of the issuer | | | | | | | |
| | INDUSTRIAL MILK COMPANY S.A. | |
| | Subject | | | | | | | | | | |
| | Placement of the bonds to the amount of UAH 112 mln | |
| | Official market - legal basis | | | | | | |
| | Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
| |
| | Unofficial market - legal basis | | | | | |
| | Contents of the report: | | | | | | | | |
| | The Board of Directors of Industrial Milk Company S.A. (hereinafter the Company) informs that a Subsidiary of the Company – Burat-Agro LLC placed the bonds to the amount of UAH 112 mln with the following details:
- series B - UAH 72 mln, maturity 24 December 2014
- series C - UAH 40 mln, maturity 23 December 2015
Coupon interest rate for series B and C is the same as for series A - 14%. Interest payment will be done quarterly.
Proceeds from the bonds of series B and C is used for partial redemption of the current bonds of series A (UAH 200 mln, maturity 24 June 2014) to the amount of UAH 112 mln. After redemption the current bonds of series A amount UAH 88 mln.
As a result of the above mentioned bonds’ refinancing the total amount of current bonds remains unchanged – UAH 200 mln but the maturity period is extended.
The refinancing of the bonds was done pursuant to the strategy of the Company on the debt portfolio optimization.
| |
| | Annexes | | | | | | | | | | |
| | File | Description | |
