Siberia | Farming, agriculture | Finance, business

SAHO buys back $40m bonds from Rosselkhozbank

14 Jan '11
The Siberian Agrarian Holding (SAHO) has bought back from Rosselkhozbank $40m part of its first-series bonds, which were presented at the buy-back offer in late November 2010, the company reports.

In November 2010 the company reportedly defaulted on repayment of the bonds at the buy-back offer.

The $66m first-series three-year bonds were placed at MICEX in June 2009.
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