Company news
16.03.2010
GAZ Group continues to repurchase bonds according to offer schedule
| In the framework of the restructuring of the corporate bond in the amount of 5 billion rubles, GAZ Group purchased 10% of debt securities yesterday under the offer declared in April 2009. The organizer of GAZ-Finance LLC’s corporate bond restructuring is CJSC Raiffeisenbank. |
01.03.2010
GAZ Group completes debt restructuring
| On March 1, 2010 GAZ Group completed restructuring of its RUR 39.3 billion bank debt. The Company entered into 5-year loan agreements with banks, providing for a two-year grace period for repaying the principal and 6 months grace for interest payments. Sberbank of Russia acted as organizer of the syndicate of GAZ Group's creditor banks, while Raiffeisenbank became documentation agent. |
25.02.2010
| GAZelle-BUSINESS with prices starting at only 425 thousand rubles offers reduced cost of ownership, better quality and extended warranty! |
13.10.2009
| Autodiesel, a Yaroslavl company of GAZ Group, has signed a financing agreement with VEB under the project on new YaMZ-530 engines production setup. |
25.08.2009
GAZelle is declared the most successful vehicles of the year in Russia
| In the framework of the international automotive exhibition “Interauto” held in Moscow at the end of August, the Avtoperevozchik magazine declared the GAZelle light commercial vehicle the Most successful vehicle 2009. |
