By KYIV. Jan 9 (Interfax-Ukraine) – On January 6, companies related to the managers of the Kernel agro-industrial group purchased eurobonds of the holding with a total nominal value of $4.76 million at a price of 45-46% of the nominal value, according to the announcement of Kernel on the Warsaw Stock Exchange (WSE).
According to the report, five transactions were concluded with eurobonds with repayment in 2024 and a coupon of 6.5% per annum: a nominal value of $3 million at a price of 47.5% of the nominal value, a nominal value of $0.96 million (at a price of 46.25%), a nominal value of $0 .4 million (at a price of 46.91%) and two with a nominal value of $0.2 million (at a price of 45.26%).
According to the report, the place of transaction is the Bloomberg Trading Facility BV platform.
As reported, in the middle of November companies related to the management of Kernel purchased eurobonds of the holding with a total nominal value of $29.43 million at a price of 45-48% of the nominal value, early December – for $12.4 million at a price of 45-46% of the nominal value, and late December – for $4.6 million at a price of 45-46% of the face value.
According to Kernel’s annual report, as of the middle of 2022, the company’s eurobonds with a maturity of $297.314 million in 2024 and a maturity of $297.724 million in 2027 were in circulation on the market.
Before the war, Kernel held the first place in the world in the production of sunflower oil (about 7% of world production) and its export (about 12%), and was also the largest producer and seller of bottled sunflower oil in Ukraine. In addition, the company was engaged in the cultivation of other agricultural products and their sale.
The largest co-owner of Kernel through Namsen Ltd. Ukrainian businessman Andriy Verevsky with a share of 39.3% is represented.
