Dalur confirms 14 bond interest | Urals, Materials, extraction MarchmontNews.com

Urals | Materials, extraction

Dalur confirms 14% bond interest

27 Jan '09
Dalur-Finance, an SPV-company of Sverdlovsk region uranium extracting company Dalur, has confirmed third to sixth coupons rate at 14% on its first series bonds, the company reports.

Each coupon payment will reportedly be $2.1m.

The third coupon payment is due on August 11, 2009, the fourth is to be repaid on February 9, 2010m, the fifth is to be redeemed on August 10, 2010 and the seventh coupon payment is to be made on February 8, 2011.

The company placed its five-year $14.4m bonds at MICEX in February 2008.