| • Issuer, issue number: |
Meatland Food Group, 01 |
| • Income calculation: |
|
| • Type of debt instrument: |
Domestic bonds |
| • Type of bonds: |
Coupon bonds |
| • Auction type: |
Coupon |
| • Placement type: |
Public offering |
| • Issue status: |
redemption default |
| • Type of placement: |
public |
| • Par, currency of issue: |
1000
RUR, 1 000
|
| • Amount: |
1 000 000 000 |
| • Registration date: |
Nov 09 2006 |
| • Report registration date: |
Mar 15 2007 |
| • State registration number: |
4-01-18012-J |
| • ISIN: |
RU000A0JP2P5 |
| • DCC: |
RF0000010416 |
| • Day Count Fraction: |
Actual/365 (Actual/365F) |
| • Start of placement: |
Feb 20 2007 |
| • End of placement: |
Feb 20 2007 |
| • Issue price: |
100 |
| • Coupon: |
Coupons 1-4 - 12.50%, coupons 5-8 - 15%, coupons 9-12 - 13.5% |
| • Coupon frequency: |
4 time(s) per year |
| • Settlement Date: |
Feb 20 2007 |
| • Maturity date: |
Feb 16 2010 |
| • Issue Managers: |
Arranger: Industry and Construction Bank.
Underwriter: VTB |
| • Trading floor, listing category: |
MICEX, RU000A0JP2P5 |
| • Guarantors: |
|
| • Additional information: |
Guarantor: ZAO Meatland Logistics and Distribution.
OOO Miasnoy Terminal ("Meat Terminal") provides additional security on the entire amount (both principal and interest) in the form of buyback offer |
| • Issue conference: |
View
|
| • Investment banks: |
Bookrunner:
VTB
Co-lead manager:
VEFK
Underwriter(s):
VTB
BFA
Bank Saint Petersburg
Soyuz Bank
Co-underwriter:
Tatfondbank
Debt restructuring agent:
BFA
|
|
Debt Servicing |
| • Status: | Default |
| • Liability type: | Redemption |
| • Planned date of meeting liabilities: | Feb 16 2010 |
| • Date of meeting liabilities due to technical default: | Mar 18 2010 |
| • Actual date of meeting liabilities: | |
| • Additional information: | The payment was not made due to lack of liquidity resulting out of teh issuer's tough financial conditions. |
|
| • Status: | Default |
| • Liability type: | Ñoupon |
| • Planned date of meeting liabilities: | Feb 16 2010 |
| • Date of meeting liabilities due to technical default: | Feb 23 2010 |
| • Actual date of meeting liabilities: | |
| • Additional information: | the payment was not made due to lack of liquidity. |
|
| • Status: | Default |
| • Liability type: | Ñoupon |
| • Planned date of meeting liabilities: | Aug 18 2009 |
| • Date of meeting liabilities due to technical default: | Aug 25 2009 |
| • Actual date of meeting liabilities: | |
| • Additional information: | Amount of unsettled obligation: RUR 33.66m |
|
| • Status: | Default |
| • Liability type: | Ñoupon |
| • Planned date of meeting liabilities: | May 19 2009 |
| • Date of meeting liabilities due to technical default: | May 26 2009 |
| • Actual date of meeting liabilities: | |
| • Additional information: | Amount of unsettled obligation: RUR 33,660,000 |
|
| • Status: | Non-execution of put option |
| • Liability type: | Buyback option |
| • Planned date of meeting liabilities: | Feb 20 2009 |
| • Date of meeting liabilities due to technical default: | Mar 22 2009 |
| • Actual date of meeting liabilities: | |
| • Additional information: | The issuer offered bondholders debt restructuring intending to postpone a put option for one year retaining the coupon rate at 13.5%. |
|
| • Status: | Default |
| • Liability type: | Ñoupon |
| • Planned date of meeting liabilities: | Feb 17 2009 |
| • Date of meeting liabilities due to technical default: | Feb 24 2009 |
| • Actual date of meeting liabilities: | |
| • Additional information: | Amount of unsettled obligations: RUR 31,762,885 |
|
|
Debt restructuring |
| • Date of restructuring: | Feb 2009 |
| • Debt restructuring agent: | BFA |
| • Additional information: | The issuer offered bondholders the following debt restructuring plan: bonds to be redeemed at par on the maturity date (February 16, 2010); the 8th and 9th coupons to be paid on May 19, 2009; coupons 9-12 to pay 13.5%. Bondholders were not satisfied with the proposed plan. |
|
