Stolichnye Gastronomy plan to allocate debut issue of bonds on April 13. The 2-year offer yield is proposed 9%.
April 6, 2006 AK&M
OAO Stolichnye Gastronomy, that owns Sedmoy Kontinent retail network's realty, plan to allocate debut issue of bonds on April 13 in volume of 1.5 bn rub., as it was informed.
The 2-year offer yield is proposed 9%.
Rosbank is the arranger, underwriter and paying agent is Rosbank.
As Stolichnye Gastronomy Finance Director Vladimir Kutuzov said, the company plans to invest the attracted assets in constructing and buying new objects in Rostov and Reutovo.
OAO Stolichnye Gastronomy was established in 1998. The 2005 ann. earnings lost 55 to 939 mn rub from 985 mn rub prior year. Net profit declined to 554.6 mn rub from 635. EBITDA declined to 749.7 mn rub from 893.5 mn, EBITDA margin reached 79.8%
Company — MCapital (Stolichnye Gastronomy)
Full nameMkapital (previously "Stolichnye Gastronomy: "Smolenskiy", "Tsentralniy", "Okhotniy Ryad" and others")
IndustryTrade and retail