News

As of the “20” November 2008 (the last day of acceptance of the notes of intent to sell bonds under the offer) OOO “Adamant Finance” received notes for an overall amount of 1 471 269 000 rubles.

Holding company “Adamant” has already transferred to the offer agent 1 463 467 000 rubles under the obligatory retirement of series 02 bonds (total make - 2 000 000 000 rubles). This was reported on the 20th of November by the president of the holding company “Adamant” Igor Leitis.

Therefore, the sum to be transferred to the offer agent is 7 802 000 rubles.

Loan emitter is OOO “Adamant Finance”. As specified in prospectus, circulation period of documentary interest inconvertible bonds is 5 years. Par value of each bond (2 000 000 bonds) amounts to one thousand rubles.

This bond issue provides quarterly coupon payments and settlement in May 2010. Rates from the first till tenth coupon period were stated in the amount 11,25% per annum.

On the “05” of June 2008 OOO “Adamant Finance” successfully settled the series 01 bonds of total amount 500 000 000 rubles.

On the “23” of October Federal Financial Market Service registered issue and prospectus of series 03 and 04 bonds of OOO “Adamant Finance”. The issues are assigned state registration numbers 4-03-36080-R and 4-04-36080-R accordingly.
The make of the 3rd issue amounts to 3 bln rubles, of the 4th issue – 2 bln rubles. The bonds are placed for a period of 5 years at a price 100% of the nominal value (1000 rubles per bond).

“Needless to say, there is not a simple situation on the financial market, but we need to work, that’s why we don’t abandon our plans to attract capital in the open market. We planned to issue bonds as early as this summer.” – said Igor Leitis. “Adamant” company has record of a reliable borrower and has not slowed payments for credits and bonded loans not even once”- he said – “Our company revenue for 9 months in 2008 was 12,699 bln. rubles, and is has 47,1% increased. Net profit for the same period reached 2,350 bln. rubles, which is 28,1% more, than similar profit performance following the results of 9 months in 2007. Profit net of amortization, taxes and interest payments (EBITDA) was 4,157 bln. rubles, for 9 months in 2007 this figure was limited to 3,411 bln. rubles.

Information of bonded loan of HC "Adamant":

•Type of securities: documentary interest inconvertible coupon bonds of series 02 with compulsory centralized deposit.
•The decision concerning the issue was upheld by the extraordinary general meeting of participants on the 21st of December 2005. (Report № 5/2005 of 21.12.2005).
•State registration number 4-02-36080-R of 26.01.2006)
•Total amount of bonds – 2 000 000 bonds
•Nominal value of a bond – 1 000 rubles
•Total make – 2 000 000 000 rubles
•Issue – 25.05.2006. Settlement – 20.05.2010.
•Coupon payment – 4 times a year
•Rate under 1-10 coupons – 11,25% per annum (from the moment of issue till 20.11.2008). Rate under 11-12 coupons – 16,00% per annum (from 21.11.2008 till 21.05.2009) – set by the order of general director of 01.11.2008. Afterwards – offer again (21.05.2009) and the rate will be set again (rate period – is determined at the same time).
•Current offer dates – 20.11.2008 (for the notes, submitted 06.11.2008- 15.11.2008) and 04.12.2008 (for the notes, submitted 16.11.2008- 20.11.2008).
•As of 20.11.2008 by the offer agent the notes of intent to sell bonds were received in the amount of 1 471 269 bonds – total volume is 1 471 269 000 rubles.