POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No4/2014
Date of issue:2014-02-06
Short name of the issuer
INDUSTRIAL MILK COMPANY S.A.
Subject
Placement of the bonds to the amount of UAH 112 mln
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
The Board of Directors of Industrial Milk Company S.A. (hereinafter the Company) informs that a Subsidiary of the Company – Burat-Agro LLC placed the bonds to the amount of UAH 112 mln with the following details: - series B - UAH 72 mln, maturity 24 December 2014 - series C - UAH 40 mln, maturity 23 December 2015 Coupon interest rate for series B and C is the same as for series A - 14%. Interest payment will be done quarterly. Proceeds from the bonds of series B and C is used for partial redemption of the current bonds of series A (UAH 200 mln, maturity 24 June 2014) to the amount of UAH 112 mln. After redemption the current bonds of series A amount UAH 88 mln. As a result of the above mentioned bonds’ refinancing the total amount of current bonds remains unchanged – UAH 200 mln but the maturity period is extended. The refinancing of the bonds was done pursuant to the strategy of the Company on the debt portfolio optimization.
Annexes
FileDescription
INDUSTRIAL MILK COMPANY S.A.
(fullname of the issuer)
INDUSTRIAL MILK COMPANY S.A.Spożywczy (spo)
(short name of the issuer)(sector according to clasification of the WSE in Warsow)
L-2310Luxembourg
(post code)(city)
Rue Edward Steichen26-28
(street)(number)
+352 27478488+352 27478488
(phone number)(fax)
[email protected]
(e-mail)(web site)
(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2014-02-06Alex LissitsaCEOAlex Lissitsa
2014-02-06Yulia AndrushkinaMarketing & Development & IR DirectorYulia Andrushkina