Russia’s UTair Airline announced it completed the refinancing of its debt portfolio on Dec. 30, 2015. “The transaction is structured as two syndicated loans with an aggregate value of RUB42.6 billion ($628 million) and two bond issues with a total nominal value of about RUB13.3 billion ($181 million) maturing in seven and 12 years, respectively, UTair’s advisor law firm Akin Gump said in a statement. "The seven-year syndicated loan is guaranteed by the government of ...

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