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