Avangard pays $2.575 mln interest income on eurobonds worth $200 mln

14:22, 04.05.2016 1 min read

Avangard, the largest Ukrainian producer of eggs and egg goods, has made a coupon payment in the amount of $2.575 million on eurobonds worth $206 million.

According to the company's website, capitalized interest in the amount of $7.725 million will increase the principal amount of eurobonds by the maturity date.

As reported, on October 28 Avangard completed a deal to restructure 2015 eurobonds worth $200 million.

Avangard on September 17, 2015 appealed to the holders of eurobonds for $200 million maturing on October 29, 2015 asking to approve the deferral of repaying the securities for three years - until 2018.