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MKS buys back Series B bonds worth UAH50m

January 15, 2009 | Ukrainian News

IT-company MKS (Kharkiv) has bought back Series B bonds worth UAH50m. The bonds were issued in 2008. The bonds were bought back from December 25 till January 5. In 2008 the issuer paid quarterly coupons at 14.5% p.a. The coupon for 2009 stood at 23% but the company decided on early redemption of the issue in accordance with issue documents in order to cut its debt burden.

Issue: MKS, 1-B

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedUkraine04/01/201350,000,000 UAH-/-/-

Company: MKS

Full company name"MKS" Limited
Country of riskUkraine
IndustryTrade and retail

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