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LuAZ starts selling B series bonds worth UAH200m

May 14, 2008 | Ukrainian News

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 namePJSC Bogdan Motors
Country of riskUkraine
IndustryEngineering industry

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