FESCO has redeemed part of the bonds of series BO-02

“Far East sea shipping company” of 27 December 2017 repaid 195 317 bonds of series BO-02. The reason for redemption was the settlement agreement with the owner of bonds with the discount rate, says the company.

December 6, 2017, the company also had a 401 235 repayment of the bond issue on December 25 was quenched 296 489 papers.

As previously reported, “FESCO” November 28, 2017 has not fulfilled its obligations on payment of coupon yield for the ninth coupon period and the maturity of the last part of the nominal value of exchange bonds of series BO-02. Obligations are not performed in connection with the intention to restructure obligations on external debt financing, said the company.

The issue has a nominal volume of RUB 5 billion was placed on June 4, 2013. By agreement with the owners of the bonds maturity securities transferred from may 31, 2016, 28 November 2017.

FESCO has redeemed part of the bonds of series BO-02 28.12.2017

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