OREANDA-NEWS. August 10, 2012. MICEX included BO-06 non-convertible documentary interest bonds of UTair Finance with identification number 4B02-06-36059-R and BO-07 bonds with identification number 4B02-07-36059-R issued on December 5, 2011 in the first-level exchange quotation list “A”.

Bonds placement totaling 3 billion rubles was performed on April 25, 2012 on MICEX.

Maturity of the bond issue was set at 3 years with interim offer and the coupon period at 91 days, the coupon rate - 10% per annum. UTair Aviation acted as a security for the loan.

The issue was made by BK Region and Open Joint Stock Bank of Russia.

UTair Finance isan affiliate of UTair Aviation, tasked with developing and managing the airline’s investment program. Rating agency Expert RA granted the company A+P credit rating (very high level of credibility).