According to the company, the debt was repaid primarily using proceeds from the company’s listing November IPO on the London Stock Exchange.

(Clacton, U.K./Tyres & Accessories) Amtel-Vredestein NV, has announced that its Amtelshimprom subsidiary has repaid a ruble bond in the amount of 600 million rubles ($20.8 million).
According to the company, the debt was repaid primarily using proceeds from the company’s listing November IPO on the London Stock Exchange.