Company Overview of JSC Tander
JSC Tander owns and operates convenience stores and hypermarkets. It supplies perfumery, cosmetics, and household chemical goods. The company was founded in 1994 and is based in Krasnodar, Russia. JSC Tander operates as a subsidiary of Public Joint Stock Company Magnit.
15/5, Solnechnaya Street
Founded in 1994
7 861 210 9810
7 861 210 9810
Key Executives for JSC Tander
Compensation as of Fiscal Year 2015.
JSC Tander Key Developments
MAGNIT Signs Credit Agreement with TANDER
Aug 12 15
On August 11, 2015, MAGNIT singed an interested-party deal - a credit agreement with TANDER. MAGNIT is a lender and TANDER is a borrower. The deal price is RUB 3,890,000,000 that constitutes 4.08% of the book value of the company's assets and the interest rate is 11.8% per annum. The deal term: through August 9, 2018. The deal was approved at the annual general shareholders' meeting on June 4, 2015.
MAGNIT Approves Potential Loan Agreement with Tander ZAO
Jul 31 15
On July 30, 2015, the Board of Directors of MAGNIT approved the terms of a potential loan agreement with TANDER ZAO (the borrower) as follows: deal amount - no more than RUB 40,000,000,000; interest rate - no more than 180% of the Central Bank's rate as of the date of the loan; term - up to three years from the date of the agreement. The Board decided that the contract price may be exceed 25% but must not exceed 50% of the book value of the company's assets as of the latest reporting date.
PJSC Magnit and JSC Tander Execute the Related Party Transaction
Jun 8 15
PJSC Magnit announced the execution of the related party transaction on June 8, 2015. PJSC Magnit (the Lender) and JSC Tander (the Borrower) executed the related party transaction (material transaction which is not major), according to which the Lender provides the loan of funds to the Borrower which is to be repaid by the Borrower within the period determined by the contract. The repayment of the loan and (or) the interest may be effected by the Borrower in advance, without written notice to the Lender of the loan repayment, by means of transfer of the loan to the bank details specified in the contract or otherwise not contradictory to the Civil Code of the Russian Federation (offset of mutual claims, assignment of a claim, etc.). Loan maturity date is June 5, 2018. Transaction amount is RUB 10,077,800,000.00, which amounts to 12.76% of the balance sheet value of assets of the issuer. Interest rate is 13.50% per annum.
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