Miratorg to start placing 3 bln rubles in BO-01 exchange bonds at end of July - source
MOSCOW. July 19 (Interfax) - LLC Miratorg Finance plans to start the placement of exchange bond series BO-01 worth 3 billion rubles in the last week of July, a source on the financial market told Interfax.
Gazprombank, Otkrytie Bank and Petrokommerts are the placement's organizers.
The bonds will be placed on the MICEX by open subscription. Each bond comes to 1,000 rubles at face value.
It was earlier reported that a decision was made at the start of July to place exchange bond issues BO-01 and BO-02 each worth 3 billion rubles.
APX Miratorg is a vertically integrated holding founded in 1995 and one of Russia's leading producers and suppliers of meat.
Miratorg includes two grain companies, a grain elevator, a feed-milling plant, 12 automated swine complexes, slaughter enterprises and initial processing facilities, as well as a plant for semi-finished meat goods, a logistics company and distribution centers in Russia's major cities.
Brothers Alexander and Viktor Linnik are the holding's owners. The former is the holding's chairman of the board of directors while the latter is company president.