UAC Announces Its Bonds Redemption
OREANDA-NEWS. July 12, 2010. Joint Stock Company “United Aircraft Corporation” [RTS, MICEX: UNAC] announces the redemption of 100 % of its loan participation notes (LPN) in full amount of USD 200 million together with the fourth coupon payment of USD 10.8 million, reported the press-centre of United Aircraft Corporation.
On June 27, 2008, JSC “UAC” successfully placed 2-year loan participation notes raising USD 200 mln.
The LPN issue was placed with the coupon interest rate of 10 % per annum and the coupon payment period of 6 months.
ISIN code: XS0374128568.