On January 29th, 2019, MIK HFC LLC successfully raised USD250.0 million worth of bonds on the international capital market. The bond’s annual coupon is 9.75% with a tenor of 3 years.
The company is currently rated B3 by Moody’s and B by S&P, on par with the sovereign. It is the third private company to issue bond on the international market from Mongolia.
On January 29th, 2019, MIK HFC LLC successfully raised USD250.0 million worth of bonds on the international capital market. The bond’s annual coupon is 9.75% with a tenor of 3 years.
The company is currently rated B3 by Moody’s and B by S&P, on par with the sovereign. It is the third private company to issue bond on the international market from Mongolia.
