Sunflower Oil Producer “Gradolia” Places Bonds for $14.4 million

by Meifan Honcharuk
Friday, November 19, 2021
2 MIN

LLC oil extraction plant "Gradolia" (Kropyvnytskyi) intends to place three issues of five-year dollar bonds

The placement of bonds series A ($6.4 million), B ($5 million) and C ($3 million) is scheduled from December 14, 2021, to February 12, 2022.

The par value of the bonds is $ 1,000. Redemption is scheduled from 8 to December 13 2026.

Information on the coupon period and interest rate are not yet available.

LLC oil extraction plant Gradolia is a manufacturer of sunflower and rapeseed oil, meal, phosphatide concentrate.

The company has been operating in the Ukrainian market since 2015. In addition to the domestic market, it exports products to the EU, Asia, and the Middle East.

According to the state register, Stanislav Tarshin is the owner and ultimate beneficiary of the company through the Cypriot Gradoil Holdings (Cyprus).

The revenue of Gradolia in 2020 increased 2.7 times - up to $69 million. Compared to 2019, the net loss amounted to $790 000. Compared to the net profit of $520 000 a year earlier.

About Gradolia

  • Is one of the leading developing companies in the oil and fat industry in Ukraine; 
  • Produces and sells vegetable oils (sunflower and rapeseed) in bulk into road and rail tank cars;
  • Is a member of the Association of Oil and fat industry of Ukraine UKROLIYAPROM

The company also exports refined and unrefined vegetable oils (sunflower, rapeseed), high-protein coarse meals (sunflower, rapeseed).

Gradolia is one of the export-oriented companies. The company's assets include production areas and plots in the black earth zone for growing sunflower and rapeseed in Ukraine and the leading network of elevator farms; works in partnership with leading Ukrainian companies.

 

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