December 11, 2006 |
|TOP-KNIGA LLC is planning to start placing its 4-year second series bonds worth RUB 1.5 bn on December 14, 2006, the company says.|
There will be placed 1.5 mln securities of RUB 1,000 par by public subscription.
Half-year coupons are to be paid. The first coupon rate will be set at the auction; the 2-4 coupon rates equal the 1 one; rates on the 5-8 coupons will be fixed by the issuer.
TRUST Investment Bank is the arranger; TOP-KNIGA Invest LLC is security.
The FFMS registered the issue on October 24, 2006. Its state registration number is 4-02-36124-R.
TOP-KNIGA LLC is a retail and wholesale company who delivers and sells printing products in Russia's regions. The Company comprises six wholesale warehouses and sells more than 3 mln books per month. In January-September 2006, the company's turnover totaled $148 mln. In 2005, TOP-KNIGA'S proceeds grew by 64.8% to $150 mln from $91 mln for 2004 (without VAT). Its net income in 2005 totaled $3.5 mln against $1.3 mln in 2004, EBITDA rose to $13 mln from $3 mln.
Company: TOP Kniga
|Full company name||TOP Kniga|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Trade and retail|