TGK-2 failed to cover the 6th coupon of the BO-01st issue released in the volume of 5bn rub., the company informed.
224.4mln rub. were demanded to provide the coverage. The failure is explained by the restructuring of obligations due to the lack of the funds.
The holders were offered to swap the bonds of the previous issue for the new ones at the attractive terms.
BO-01st includes 5mln bonds of 1ths rub. par. The issue was placed in 2010 for 3 years. The arrangers involves ROSBANK, Svyaz Bank, TKB Capital.
TGK-2 (TIN 7606053324) was registered in 2005 to include energos of 6 regions (Arkhangelskiy, Vologodskiy, Kostromskoy, Novgorodskiy, Tverskoy and Yaroslavskiy). The total capacity reached 2.542.5ths MW, heat capacity - 12.471ths Gcal. The Company provides control over 15 heat power plants, 5 heat networks.
The share capital is worth 14.749bn rub. split in 1458401856250 common and
16500533681 preferred stocks of 0.01 rub. par.
The IH 2013 net profit (IAS) rallied up 91.1% to 690.857mln rub. from 361.523mln rub. prior year; revenues declined 2.37% to 16.502bn rub. from 16.903bn rub.; operating profit - 16.25% to 1.361bn rub. from 1.625bn rub.; pretax profit - 42.76% to 862.196mln rub. from 603.944mln rub. The IH 2013 net profit (RAS) moved up 4.37% to 984.46mln rub. from 943.236mln rub.; revenues rose 9.46% to 16.23bn rub. from 14.827bn rub.; profit from sales - 2.2% to 1.923bn rub. from 1.882bn rub.; pretax profit coming 5.41% to 1.362bn rub. from 1.292bn rub. prior year.