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2007 December 24   12:36

DVTG affirmed the bond issue

DVTG Finance (SPV of DVTG) affirmed the decision on the second bond issue, the company informed.
The 5bn rub. worth issue covers 5mln securities of 1ths rub. par and 5 years in the maturity. The bonds are placed through the open offering.
Far Eastern Transport Group (DVTG) is a transporation company covering the cargo processing entities.
It has a number of divisions in Kazakshtan, Uzbekistan, China and Korea.
The 2006-turnover reached 20.292mln rub.; net profit (IAS) declined 28.3% to 83.394mln rub.; revenues rose 20.9% to 13.599bn rub.; gross profit - to 1.493bn rub. from 934.154mln rub.; pretax profit - 3% to 168mln rub.

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