Transaero Airlines Makes Interest Payment on Bond Issue Fully
OREANDA-NEWS. On December 23, 2014, JSC Transaero Airlines made the interest coupon payment on BO-02 bonds for the second coupon period on schedule and in full. The overall interest payments reached 155,825,000 rubles.
Transaero Airlines has an impeccable track record on the bond market.
The airline placed its debut bond issue in February 2006. The company paid back the bonds on schedule in February 2009 at the time when the Russian economy was most affected by the global economic crisis and some of the domestic air transport companies entered into default.
Transaero has placed a number of bond issues since that time. The airline always punctually honored its commitments to buy back bonds and honor its put options.
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