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Russia’s VK working with advisers for its $400M convertible bonds

VK Company Limited announces that it is working with its financial advisors, Aspring Capital and Serdika Financial Services to develop proposals to be made to holders of its USD 400mn 1.625 per cent. Senior Unsecured Convertible Bonds, due 2025, (the “Bonds”) in order to address the recent “De-listing Event” and consequences thereof, which have impacted holders of the Bonds and are outside the control of the Company.

CT Bureau

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