FFMS registered the third issue of LOMO's bonds worth 1 bn rub.
June 2, 2006 AK&M
June 1, the Federal Financial Markets Service (FFMS) registered the third issue of LOMO OJSC (St. Petersburg) bonds worth 1 bn rub., as the FFMS informed.
The state registration number of the issue is 4-03-00074-А.
1 bn of securities of 1 th rub. par each will be place on the MICEX through public offering at par. The bonds mature in 3 years and carry six half-year coupons.
LOMO produces and sells products of about 150 kinds. They are optical-mechanical and optic-electronic devices, including medical equipment, observation apparatuses, cameras. Exports to the USA, Canada, Germany, Austria, Israel and some other countries take about 50% of the Company's sales volume. LOMO's proceeds for the first half of 2005 totaled above 800 mln rub. The Company expects more than 2 bn rub. proceeds for 2005.
Company — LOMO
Full namePJSC LOMO