December 16, 2008 | Cbonds
|OOO TOP Kniga has announced a put option on Series 02 bonds worth RUR1.5, the issuer informed. The company plans to buy back bonds according to the following schedule: 243,750 bonds can be redeemed on 12.03.2009, 11.06.2009, 10.09.2009, 10.12.2009 at par. The issuer intends to buy back 975,000 bonds.|
The company has to exercise a put option on the 2nd bond issue on December 17.
The company management met with investors on December 3, offering them various restructuring schemes. The company will not be able to buy back the whole outstanding issue amount on December 17. It is only possible to redeem RUR325m in bonds.
Issue: TOP Kniga, 02
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: TOP Kniga
|Full company name||TOP Kniga|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Trade and retail|