Kievmedpreparat restructures liabilities to its corporate bonds holders

In November 2008, OJSC Kievmedpreparat restructured successfully its liabilities to the holders of its corporate bonds issued in November 2007, with the 3 years maturity period. ARTA Investments acted as a lead manager of the issue. The Payment Agent is Finance & Credit Bank.

In accordance with the current market situation, the issuer revised the coupon of A Series bond issue and raised it to 22% per annum. Kievmedpreparat offered all bondholders the terms based on the principles of transparency, market approach, and equal approach to absolutely all bondholders thus increasing liquidity of the securities.

Kievmedpreparat fulfills all its liabilities duly and in full which testifies the company’s solvency and creditworthiness.

Note

OJSC Kievmedpreparat is a leading domestic pharmaceutical company within the Arterium Corporation. It manufactures over 80 medical products representing in 10 pharmacotherapeutic groups. OJSC Galychpharm also enters the Corporation.

ARTA Investment Group includes ARTA Investment Partners Ltd., ARTA Securities Ltd., and ARTA Assets Management Ltd. Since 2002, ARTA provides a full range of investment banking services including brokerage, corporate finance and asset management. ARTA has attracted approx USD 1.5 billion of investments to the local market.