May 14, 2008 |
|LuAZ (Lutsk Automobile Plant) started selling its B series bonds on May 13, according to Sergey Krasulya, the company’s press secretary. The issue maturing in 5 years amounts to UAH200m, par value per bond is UAH1,000. The bonds yield 13.5% p.a. for coupon periods 1-4. The issue has an annual buyback option. The proceeds will be used for the increase of the plant’s production volume.|
Renaissance Capital Ukraine and ING Bank (Ukraine) are underwriters on the issue.
Company: Bogdan Motors
|Full company name||PJSC Bogdan Motors|
|Country of risk||Ukraine|