InterFoodGroup to Place 50 Million Ruble Bonds on April 21

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InterFoodGroup LLC to Launch Bond Issue Worth 50 Million Rubles on April 21

InterFoodGroup LLC will begin placing exchange-traded bonds (BO-01 series) on April 21.

The issuer plans to offer 50,000 bonds with a face value of 1,000 rubles each through public subscription.

The total nominal value of the issue is 50 million rubles.

The bonds will have a maturity period of 3 years.

The coupon period is set at 30 days.

The coupon rate for the entire term of the bonds is fixed at 26.00% per annum.

There is an option for early redemption of bonds at the issuer’s discretion on the date of the 12th coupon period’s end.

This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.