Russia's Ozon redeems about 94% of Eurobonds principal

Ozon Holdings

25/04/2023 14:15

April 25 (Reuters) - Russian e-commerce firm Ozon
 OZON.O  on Tuesday said it had redeemed about 94% of the
principal amount of its dollar-denominated Eurobonds, due in
2026.     
    Ozon has been in talks for months since trading in its
shares was suspended on Nasdaq. Last week Ozon said that
bondholders who had provided their information before an April 5
cut-off date were paid in U.S. dollars and roubles. 

 (Reporting by Olga Popova and Alexander Marrow
Editing by David Goodman
)
 ((alexander.marrow@thomsonreuters.com;))