FFMS registers Sunway Group's bond issue worth RUB 1.5 bn.
January 29, 2007 AK&M
January 25, the Federal Financial Markets Service (FFMS) registered the RUB 1.5bn bond issue of Sunway-Group LLC, the FFMS says.
The issue includes 1.5 mln bonds of RUB 1,000 par. Its state registration number is 4-02-36103-R. The maturity is 4 years. Agroline CJSC, Rusagro LLC and Voyage LLC will secure the loan.
December 7, 2005, Sunway-Group fully placed a debut three-year bond issue worth RUB 1bn. The issue includes 1 mln securities of RUB 1,000 par. The bonds carry half-year coupons. The first coupon rate was set at 11.66%.
Sunway was founded in 1993. In 2004 it was reorganized in the Sunway-Group Holding. The company imports and sells in the Russian market fruit and vegetables from Europe, Asia, Africa and South America. The group comprises Sunway-Group LLC, Elstar LLC, Agroline CJSC, Rusagro, SWT Trader S.A. (Ecuador), Imperia Fruit S.A. (an exporter from Spain).
All the assets of the group are controlled by Brand Development Inc. (Belize). Its final beneficiaries are the Sunway Trading Group's President Shalmi Benyaminov and Alexander Vasiliev.
Company — Sunway Group
Full nameSunway Group
IndustryTrade and retail