UTair Aviation affiliate UTair-Finance has issued RUB1.5 billion bonds, with a maturity of five years and a 91 day coupon period. The application book was closed with a coupon level at 9.5% per annum, with the interest rate for the second and all subsequent exchange bond coupons set equal to the interest rate of the first coupon.
The total volume of applications to purchase securities with a yearly coupon rate ranging from 9.20% to 10.00% exceeded RUB3.2 billion. The loan was led by BK Region.