26th Mar 2009 07:00
Press-release
Krasnodar
March 26, 2009
Dear Ladies and Gentlemen!
We would like to inform you that on March 25, 2009 LLC "Magnit-Finance" transferred monetary funds in the amount of 204,444,216 rubles (net of tax and other deductions) to the bank account of Noncommercial Partnership "National Depository Center", designated for redemption of bond obligations of LLC "Magnit-Finance" in accordance with the "Agreement on service provision upon disbursement against nominal value of bonds at their redemption and payment of coupon profit (paying agent agreement) №D-06-11-433 of May 11, 2006.", i.e. for payment of the 4th coupon against bond obligations.
Parameters of the bond issue:
|
Date of acceptance by NDC: |
March 23, 2007 |
|
Issuer: |
Limited liability company "Magnit Finance" |
|
Issuer's Taxpayer Id. Number: |
2310105783 |
|
Type of securities: |
bonds |
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Name of issue/ tranche: |
Certified interest non-convertible bonds payable to bearer of 02 series with obligatory centralized holding |
|
State registration number of issue: |
4-02-36102-R |
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Date of state registration of issue: |
March 06, 2007 |
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Depositary code of issue/ ISIN: |
RU000A0JP4W7 |
|
Date of offering initiation: |
March 30, 2007 |
|
Nominal value: |
1,000.0000 |
|
Nominal currency: |
Rubles |
|
Number of securities per issue: |
5,000,000 |
|
Maturity date: |
March 23, 2012 |
|
Circulation period (days): |
1,820 |
|
Number of coupons: |
10 |
|
Authorized (head) depositary: |
Noncommercial Partnership "National Depository Center" |
For further information, please contact:
|
Oleg Goncharov |
Director, Investor Relations e-mail: [email protected] tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5100 Mob.: +7 (903) 411-40 -35 Direct line for investors only: +7 (861) 277-45-62 |
|
Dina Chistyak |
Manager, Investor Relations e-mail: [email protected] tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5101 Mob.: +7-961-511-02-02 Direct line for investors only: +7 (861) 277-45-62 |
Company description:
Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company "Magnit" is a holding company for a group of entities that operate in the retail trade under the "Magnit" name. The chain of "Magnit" stores is one of the leading operators in the Russian food retail market. As of December 31, 2008 the chain consisted of 2,565 convenience stores and 14 hypermarkets in 856 locations in the Russian Federation.
Approximately two-thirds of the Company's stores are located in cities with a population of less than 500 thousand. Most of its stores are located within the Southern, Central and Volga regions. The Company also operates stores in the North-Western and Urals regions.
As of December 31, 2008 the Company operated an in-house logistics system consisting of 9 distribution centers, employing automated stock replenishment systems and a fleet of 1,165 vehicles.
In accordance with the unaudited IFRS consolidated financial statements for 9M 2008, the Company posted consolidated revenues of approximately US$ 3,881 million and a consolidated EBITDA of around US$ 265 million.
Related Shares:
MGNT.L