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IzhAuto fails to pay coupon on Series 02 bonds

December 14, 2009 | Cbonds

OAO IzhAuto failed to pay a coupon on Series 02 bonds on December 10, the issuer said in a statement. The unpaid coupon amounts to RUR 168,962,183.25. The payment was not made due to lack of liquidity.

Issue: IzhAuto, 02

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia06/09/20112,000,000,000 RUB-/-/-

Company: IzhAuto

Full company nameopen joint stock company IzhAuto
Country of riskRussia
Country of registrationRussia
IndustryEngineering industry

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