Public Joint Stock Company "Ilyushin Aviation Complex" announced a private placement of 43,750 common shares at a price of RUB 15,880.40 per share for gross proceeds of RUB 694,767,500 on January 24, 2020. The transaction will include participation from returning investor Public Joint Stock Company United Aircraft Corporation (MISX:UNAC) and other investors. The transition was approved by board of the company and will be subject to shareholders approval. The shares will be issued at premium to face value of RUB 1 per share.