New Issue: Nutritek prices $50 million 18-month notes at 99.647 to yield 9%

By Aaron Hochman-Zimmerman

New York, June 6 - Nutritek International Corp. priced its $50 million 18-month note issue at 99.647 to yield 9%.

The sale came on the tight side of the 9% to 9½% talk, according to a market source. The bonds, due on Dec. 11, 2008 carry a coupon of 8¾%.

The Russian agriculture and food manufacturer issued the notes through Winterhaven Finance BV.

PJSC Nutrinvest guaranteed the Regulation S deal. The bookrunner could not be identified.

Issuer: Winterhaven Finance BV

Borrower: Nutritek International Corp.

Guarantor: PJSC Nutrinvest

Amount: $50,000,000

Issue: 18-month notes

Maturity: Dec. 11, 2008

Coupon: 8.75%

Issue price: 99.647

Yield: 9%

Settlement: June 11

Distribution: Regulation S

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