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BRIEF-Avangardco Investments updates on April 2017 interest payment
May 2, 2017 / 1:17 PM / 5 months ago

BRIEF-Avangardco Investments updates on April 2017 interest payment

May 2 (Reuters) - Avangardco Investments Public Ltd

* 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: Further company coverage: (Gdynia Newsroom)

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