PR Newswire: news distribution, targeting and monitoring

See more news releases in: Food & Beverages, Restaurants

 

Rosinter Restaurants Holding Announces Successful Bond Put Option Exercise Payment

 

MOSCOW, June 5 /PRNewswire-FirstCall/ -- OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurants chain in Russia and CIS (RTS and MICEX ticker: ROST), announces that on June 4th, 2009 it purchased non-convertible bonds from its bondholders who exercised their Put Option. The funding was provided by a three-year loan which the Company received from Sberbank for a total amount of 950,000,000 Roubles.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090129/336260 )

Alexander Roslavtsev, CFO commented:

"We are very pleased with this long-term financing from Sberbank, one of our main traditional banking partners. This loan, which has been secured in such a difficult credit environment, is an important component of our financing plans and supports our strategy to continue expanding the geographical coverage of our brands to a wider guest base"

Note to Editors:

OJSC Rosinter Restaurants Holding is the leading casual dining restaurant company that operates 337 outlets in Russia, the CIS and Central Europe, including Baltic countries (as of December 31, 2008). The Company offers Italian, Japanese, American and Russian cuisine under its proprietary brands IL Patio, Planet Sushi and 1-2-3 Cafe and its licensed brands T.G.I. Friday's and Sibirskaya Corona. Also, through a Joint Venture with Whitbread PLC (LSE ticker WTB.L) the company is currently developing the Costa Coffee chain in Russia (12 outlets as of December 31, 2008). The Group reported consolidated revenues of US$ 268.2 million, in accordance with its audited IFRS accounts, for the twelve months ended December 31, 2007. Rosinter Restaurants Holding is listed in RTS (http://www.rts.ru) and MICEX (http://www.micex.ru) under the stock ticker ROST.

    Investors and analysts enquiries:
    Amin Muci
    Head of Investor Relations
    Eduard Pilipenko
    Deputy Head of Investor Relations
    e-mail ir@rosinter.ru
    Office +7-495-788-44-88 ext. 2785

    Press enquiries:
    Valeria Silina
    PR director
    Ekaterina Korobkova
    Press-secretary
    e-mail: 2pr@rosinter.ru
    tel.: +7-495-788-44-88 ext.2426


SOURCE Rosinter Restaurant Holding

Back to top

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

Featured Video

 
  • Print
  • Email
  •   RSS
  • Share it 
  • Blog it 
  • Blog Search 
Advanced Search
Search
  
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire