Smolevichi Broiler to Raise 150 Million Rubles From Banks and Companies

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Smolevichi Broiler OJSC is issuing bonds worth 150 million rubles. The issue prospectus has been published on the Unified Financial Market Portal.

A total of 1,500 securities with a face value of 100,000 rubles each will be issued. They carry an annual interest rate of 9%. The bonds are due to mature on May 16, 2031.

The securities will be placed through a private offering among 13 companies, including legal entities from the Servolux group and five banks.

According to the issue prospectus, exports accounted for 53% of revenue last year, while domestic sales accounted for 47%. The share of exports has declined in recent years.

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