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Published on 8/4/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

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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