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Ochakovo to float the second bond issue of up to 1.5 bln rbl on September 15, 2005.

August 31, 2005 AK&M

CJSC Moscow Beer-non-alcoholic Works Ochakovo plans to float the second bond issue of up to 1.5 billion rubles on September 15, 2005.

Federal Financial Narkets Service listed the issue on August 16 under the registration number 4-02-31804-H.

Preodolenie Bank and Raiffeisenbank act as the bookrunners of the issue. The bond maturity is three years.

In April 2005, Ochakovo redeemed two-year bonds of the first series to the value of 500 million rubles.

Company's revenue for the first half of 2005 lowered 12 percent to come to 3.154 billion rubles.


Company — Ochakovo
  • Full name
    closed joint-stock company Ochakovo
  • Registration country
    Russia
  • Industry
    Food industry