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GISMETEO.RU
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Business    

ZAZ to raise $200 mln through issue of credit linked notes
Journal Staff Report

KIEV, Dec. 8 ??“ Zaporizhia Car Plant, or ZAZ, Ukraine??™s largest car producer, plans to receive $175-200 million in December through placing three-year credit linked notes (CLNs) with a 10% interest rate, Interfax reported.

The lead-manger of Moscow-based MDM-Bank (Russia) said that the issuer of the CLNs is White Nights BV, and the creditor is Moscow Narodny Bank Limited. The CLNs' coupon period is six months.




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