The direction of MICEX has decided to include the documentary interest-bearing inconvertible stock obligations of UTair-Finance BO-03 series identification number 4B02-03-36059-R from December 9th 2010 in A1 quotation list on April 6th 2011. AEX.ru

The placing of stock obligations with nominal of 1.5 billion rubles ($50 mln)has been performed at MICEX on December 23rd 2010. The stock shares’ circulation period is 3 years without an interim offer, the coupon period is 91 days, the coupon rate is 9,45 % per annum. UTair Aviation provides the security for loan. Loan’s organizer is Region broker company.

The funds acquired from placing of obligations will be used for refunding of airline’s current debt.