For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
  • High performance interface for global bond market screening
  • Full information on close to 450,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 90 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Sibir Airlines buys back Series 01 bonds in line with debt restructuring plan

September 7, 2010 Interfax-Siberia (translated by Cbonds)
OAO Sibir Airlines (S7 trademark) has finished buyback of Series 01 bonds in line with the debt restructuring plan, according to Interfax-Siberia. As of August 31, 2010 bondholders held 335,359 bonds worth RUR 335.359m. Thus 14.6% of the issue remains outstanding. The issue par amount is RUR2.3bn. As stipulated by the debt restructuring offer, the issuer bought back 20% of bonds held by those accepting the offer at once and then carried on repurchasing bonds in line with the schedule. The last buyback in the framework of debt restructuring was scheduled for August 30, when bondholders submitted no bonds for buyback. This shows bondholders’ trust in the company, as noted by its representative.
The RUR2.3bn issue was sold in July 2007. In February 2009 the issuer defaulted on a put option with RUR1.8bn of bonds submitted for buyback.

  • Status
  • Country of risk
  • Redemption (put/call option)
    *** (***)
  • Amount
    2,300,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Sibir Airlines
  • Full name
    Sibir Airlines JSC
  • Registration country
  • Industry