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Published on 5/5/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Russia’s KOKS Finance redeems $124.44 million 10¾% notes due 2018

By Wendy Van Sickle

Columbus, Ohio, May 5 – KOKS Finance DAC requested the Irish Stock Exchange to partially redeem a $124,435,000 portion of its $201,345,000 10¾% loan participation notes due 2018, effective immediately, according to a notice.

Following the redemption, $76.91 million of the notes remain on the Global Exchange Market of the stock exchange.

KOKS Finance is a subsidiary of KOKS Group, a coke and pig iron producer and miner based in Moscow.


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