UTair Finance has paid off its first two public bond offering in a Rb 1.12 billion ($36 million) transaction.
The total notional value amounted to Rb3 billion, completing the company's obligations for shareholders.
The BO-01 and BO-02 bonds were placed on the Moscow Stock Exchange in March 2010. Sberbank of Russia, Region Bank and TransKreditBank were joint runners on the issue.
UTair Finance still has 10 bond issues totalling Rb 14.5 billion in circulation.