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Russia’s Koks unit cancels $75.58 million of 7½% notes due 2022
By Marisa Wong
Los Angeles, Aug. 4 – Koks Finance DAC said it cancelled $75,583,000 of its 7½% loan participation notes due 2022 (ISIN: XS1600695974) on Aug. 3.
Following the partial cancellation, $398,727,000 of the notes will remain outstanding and continue to trade on Euronext Dublin.
Koks Finance is a subsidiary of Koks Group, a Russian coke and pig iron producer.
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