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Transaero redeems debut bond
13 February 2009
Russia's second-largest passenger carrier redeems bond and looks to future loans to fund expansion
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Transaero
bond
VNEB
Transaero Finance, sister company of Transaero Airlines, has redeemed its 2.5 billion ruble ($71 million) three-year debut bond. Rosbank was underwriter and agent and Transaero Airlines acted as security for the loan. The interest rate was 11.65%...
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