UTair Finance completes bond buy-back

UTair Finance, a subsidiary of UTair Aviation, has bought back bonds of series 4B02-09-36059-R and 4B02-10-36059-R and fulfilled its obligations for the securities. The bonds were issued in November 2012. “UTair Finance has a lengthy experience in the field of debt financing,” said UTair CFO Igor Petrov. “UTair bonds meet the highest reliability and quality standards, and demonstrate a very high level of profitability while offering minimum risks. No doubt that this is what makes our bonds a very attractive asset for a wide range of investors.”