Brief: Avangardco Investments updates on April 2017 interest payment
02/05/2017 14:08
May 2 (Reuters) - Avangardco Investments Public Ltd
AVGRq.L
* Says April 2017 interest payment will not be paid on May
2, 2017 as Avangardco, UkrLandFarming are engaged in
discussions with bondholders regarding a proposal in respect of
its $200 million notes 2018
* Says it is possible that the Proposal will include a
request by Avangardco to restructure the April 2017 interest
payment due under the notes
* Says it will instead make use of the 14 day grace period
Source text for Eikon: ID:nRSB9248Da
Further company coverage: AVGRq.L
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