Utair says services debt as planned, pays 1.8 bln rbl in 2018 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Utair says services debt as planned, pays 1.8 bln rbl in 2018

MOSCOW, Jul 5 (PRIME) -- Russian airline Utair is servicing its debt as planned, and has paid 1.8 billion rubles of interest on loans, and bonds in 2018, including a more than 1.6 billion ruble payment made on June 20, the company said in a statement on Thursday.

Utair was previously in a financial turmoil, but restructured its 160 billion ruble debt at the end of 2015.

УThe Utair group refinanced the bulk of debt in 2015 with two syndicated loans with participation of 11 banks totaling 42.6 billion rubles and maturing in seven and 12 years,Ф

the company said quoting CEO Andrei Martirosov as saying.

УCosts optimization, principles of lean production, and higher passenger transportation ensured a timely fulfilment of all financial obligations under leasing and credit agreements.Ф

(63.2267 rubles Ц U.S. $1)


05.07.2018 14:46
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.7941 +0.1873 20 jul
USD 62.8666 +0.0380 20 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1350.69 +0.07 18:50 19 jul
micex 2700.57 -0.07 18:50 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 216.00 -1.05 18:49 19 jul
lkoh 5200.50 +0.67 18:49 19 jul
rosn 420.45 +0.83 18:47 19 jul
sber 232.85 -0.82 18:48 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul