24th Sep 2010 13:40
Press-release
Krasnodar
September 24, 2010
Dear Ladies and Gentlemen!
We would like to inform you that today LLC "Magnit Finance" fulfilled its obligation of 7th coupon redemption against bonds in the amount of 204,450,000 rubles.
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 |
|
Name of issue/ tranche: |
Non-convertible interest-bearing certified bonds to the bearer of 02 series with the obligatory centralized custody |
|
State registration number of issue: |
4-02-36102-R |
|
Date of state registration of issue: |
March 06, 2007 |
|
Depositary code of issue/ ISIN: |
RU000A0JP4W7 |
|
Date of offering commencement: |
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 Svishcheva |
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 the holding company for a group of entities that operate in the retail trade under the "Magnit" brand. The chain of "Magnit" stores is one of the leading food retail networks in Russia. As of June 30, 2010 the chain consisted of 3,464 convenience stores and 28 hypermarkets in 1,109 locations in the Russian Federation.
Approximately two-thirds of the Company's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western and Urals regions.
As of June 30, 2010 the Company operated an in-house logistics system consisting of 10 distribution centers, employing automated stock replenishment systems and a fleet of 1,723 vehicles.
In accordance with the unaudited IFRS consolidated financial statements for 1H 2010, the Company recorded consolidated revenue of approximately US$3,448 million and consolidated EBITDA of around US$252 million
Related Shares:
MGNT.L