print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all AvangardCo press releases

AvangardCo

October 29, 2018

Postponement of principal redemption and October 2018 interest payment

29 October 2018 - Avangardco Investments Public Limited ("AVG") and UkrLandFarming PLC ("ULF"), continue to be engaged in discussions with various creditor groups to agree the terms of a holistic restructuring of their indebtedness (the "Debt Restructuring"). As part of these discussions, they are working with an ad hoc committee of bondholders (the "Committee" regarding the treatment of AVG's U.S.$200,000,000 10.0 per cent. Notes due 2018 (ISIN: XS0553088708) (the "AVG Notes". AVG expects that any Debt Restructuring proposal that may be presented to its creditors (the "Proposal") will include a request to restructure all amounts of principal and interest due and payable under the AVG Notes on 29 October 2018 (the "Redemption Date"), in addition to the interest payments that were due under the AVG Notes on 02 May 2018, 30 October 2017 and on 2 May 2017.Consequently, the AVG Notes will not be redeemed on, and the relevant interest payment will not be paid on, the Redemption Date.

For any enquiries, please contact:

Avangardco Investments Public Limited: Valeriya Nikitina, IR department, Tel: +38 044 393 4050, Email: v.nikitina@avangardco.ua

Downloads:

POSTPONEMENT OF PRINCIPAL REDEMPTION AND OCTOBER 2018 INTEREST PAYMENT
( PDF 51 KB ) - Download >

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer