The Capital Express financial company (Kyiv) is intending to place A series bonds worth Hr 300 million, according to an issuer report in the information disclosure system of the National Commission on Securities and the Stock Market.
The company’s shareholders made the decision at a general meeting on September 11, 2012 to place securities with a face value of Hr 1,000 each.
Some Hr 250 million of the funds raised will be used for factoring operations with transport enterprises, retailers and other companies in Ukraine that have the potential for growth, and Hr 50 million for financial leasing in areas with the potential for development under the current financial and economic conditions, such as agribusiness.
The bonds are to be placed on the PFTS stock exchange from November 21, 2012 to November 20, 2013 without an underwriter.
The bonds will mature on November 18, 2022. The interest rate for the first interest period is 5% per annum, a coupon period lasts 365 days.
The bonds are to be repaid on November 19, 2022 to November 18, 2023.
Capital Express was created in August 2009. Its core business is the issue of loans.
