Events
JSC “The Seventh Continent” announces the fourth coupon payment in the amount of 272.23 mn. rubles.
On June 18th, 2009 JSC "The Seventh Continent" (further referred to as the Company), fully made fourth coupon payment on bonds (02 series, registration number 4-02-00462-H dated 26/12/2006) in the amount of 272.23 mn. rubles. Annual interest coupon rate is 7.8%. According to the terms of issue the coupon is paid semi-annually.
On June 21, 2007, the Company has successfully placed 5 year bonds raising 7 bn. rubles. The bond issue was placed by open subscription on the MICEX, the interest rate for the coupons 1-6 was set 38,89 rubles per bond or 7,8% per annum.
JSC "The Seventh Continent" announces the fourth coupon payment in the amount of 272.23 mn. rubles.
About the Company:
JSC "The Seventh Continent" was established in 1994 and today is an international retail chain and one of the leading Russian national chains. The Company operates in two major formats: supermarkets and hypermarkets. As of the end of May 2009 the Company has stores in Moscow and Moscow region (118 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), in St-Petersburg (1 hypermarket), in Ryazan (1 hypermarket), Chelyabinsk (1 hypermarket) in Minsk, Belorussia (1 hypermarket), in Perm (1 supermarket and 1 hypermarket) and in Yaroslavl (1 hypermarket).
According to the audited financial statements, prepared in accordance with International Financial Reporting Standards, in 2007 total revenues of the Company were USD 1 272.9 mn., net income USD 99.2 mn.
For further information please contact us:
- www.7cont.ru
- tel.: +7(495) 933-43-63, ext. 35 31,
e-mail: pressa@7cont.ru,