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RIGroup to buy back bonds of 2nd issue on October 17

October 8, 2008
OOO RIGroup intends to buy back bonds of the 2nd issue on holders’ request on October 17, the company announced. Bondholders have a right to an early redemption in case of violation of certain conditions, stated in the issue prospectus, in particular, in case of absence of a financial report under IFRS standards till October 1, 2008. Bondholders are to submit the bonds from 02.10.2008 till 15.10.2008. The bonds will be redeemed at par.
Issue — RIGroup, 02
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,500,000,000 RUB
  • М/S&P/F
    — / — / —
Company — RIGroup
  • Full name
    Russian Investment Group
  • Registration country
    Russia
  • Industry
    Construction and development