Industrial and technical company Agromat has announced the issue of three-year bonds of the H series for the amount of UAH 100 million for public offering, and has started to redeem the previous issue.
According to the information disclosure system of the National Securities and Stock Market Commission, the H series issue was registered on September 6. The nominal value of the bond is UAH 1 thousand. The interest period is 91 days, the interest rate on the bonds for the first to fourth interest period is 16.5% per annum.
The start date of the public offering is September 30, 2024, and the bonds are scheduled to mature on September 27-29, 2027.
According to the company, 100% of the funds raised will be used to expand Agromat’s retail network.
In addition, on September 25, 2024, Agromat began to redeem UAH 100 million of series G bonds issued in 2021.
“Agromat is engaged in the production and sale of ceramic tiles and sanitary ware, and was registered in 1993. The company has 32 stores in Ukraine.
According to Opendatabot, the company’s co-owners with 28.65% each are Sergiy Voitenko, Oksana Reva, and Anatoliy Taday, 10.05% belongs to Olga Bashota, and 4% to Nadiya Rusheliuk.
According to the company’s financial results for 2023, its revenue increased by 45.5% to UAH 3.12 billion, while net profit increased by 63.7% to UAH 115.3 million.
