Ukrlandfarming pays $27.19 mln on 2018 eurobonds

15:31, 27.03.2015 1 min read

Ukrlandfarming agri-holding on March 26, 2015, handled a fourth coupon payment worth $27.19 million on eurobonds maturing in 2018.

"Yes, we've transferred the payment [of the fourth coupon]. Everything goes on as usual," Ukrlandfarming Deputy Director General Ihor Petrashko told Interfax-Ukraine.

As reported, Ukrlandfarming placed debut five-year eurobonds in March 2013. The issue was estimated at $275 million with additional issues worth $150 million and $75 million. The bonds are listed on the Irish Stock Exchange.

The coupon on them is paid twice a year: on September 26 and March 26 at 10.875% per annum.

Ukrlandfarming is one of the largest agricultural holdings in Eurasia in terms of land bank size and egg production. It is also involved in the cultivation of crops, the production of egg goods, sugar, cattle breeding, machinery distribution, fertilizers and seeds.

Its land bank is 654,000 hectares.