AvtoZAZ Makes USD 125 mln Bond Placement

15 December 2008

AvtoZAZ (ZAZ), Ukraine’s largest automobile producer, placed credit linked notes (CLN) with a 9.75% yield and a three-year maturity for USD 125 mln. ZAZ, part of the Ukrauto Group, produces domestic automobiles along with Chevrolet, Daewoo, Dong Feng and Opel vehicles under license.

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