By KYIV. Nov 22 (Interfax-Ukraine) – Companies associated with the managers of Kernel agricultural holding on November 16 purchased the company’s eurobonds with a total face value of $29.43 million at a price of 45-48% of the face value, Kernel said on the Warsaw Stock Exchange.
According to the report, in particular, two deals were made with eurobonds maturing in 2024 and with a coupon of 6.5% per annum: with a face value of $21.23 million at a price of 46% of the face value and with a face value of $2.5 million at a price of 48% of the face value.
In addition, there was another deal with eurobonds maturing in 2027 and a coupon of 6.75% per annum: with a face value of $5.7 million at a price of 45% of the face value.
The report clarifies that the transactions were carried out on the over-the-counter market.
According to Kernel’s annual report, as of the middle of this year, the company’s eurobonds with a par value of $297.314 million maturing in 2024 and a par value of $297.724 million maturing in 2027 were circulating on the market.
