UTair Finance Discharges Obligations for BO-3 and BO-5 Bonds

On March 26, 2014 UTair Finance, a subsidiary of UTair Aviation, successfully discharged bond obligations of series BO-05 and BO-05 for a total nominal value of 3 billion rubles and paid out of the last of 12 coupons. UTair Finance has fulfilled obligations for shareholders. The bonds were issued on March 20, 2011. The total volume of income paid out for both bond series reached 807,840,000 rubles. BK Region, Promsvyazbank, Otrkytiye Bank and Petrocommerz Bank were the bond issues arrangers.

“UTair has once again successfully met its obligations to investors, confirming its reliability and financial stability”, said UTair Aviation CFO Igor Petrov.