Ukraine’s leading poultry producer MHP (MHPSA) announced on March 6 a plan to buy back up to USD 350 mln of its 2015 notes (at a total amount of USD 585 mln). The buyback price was set at USD 1,100 for the early tender offer (expiring on March 20), and at USD 1,045 for those tendered between March 20 and April 4. The company plans to issue new notes instead, planning to price them on March 21. MHP’s bond was priced at USD 1,080 before the buyback announcement.