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Cosmetics retailer Rush reaches agreement on debt restructuring

July 09, 2010 | Kommersant-Ukraine (translated by Cbonds)

Cosmetics retailer Rush developing Eva network of shops has reached agreements on debt restructuring with the majority of lenders. The company started selling a new UAH40m bond issue in the framework of debt restructuring on July 6. Series C bonds have a 4-year tenor and pay 20%. The proceeds will be used for debt restructuring purposes and expansion of the company’s network of stores.

Issue: Rush, 1-C

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedUkraine04/01/201440,000,000 UAH-/-/-

Company: Rush

Full company nameRush LTD
Country of riskUkraine
IndustryTrade and retail

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