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Matrix Finance redeems RUR446.491m of RUR1.2bn debut bond issue

December 22, 2008
Matrix Finance has redeemed RUR446.491m of RUR1.2bn debut bond issue. Oleg Blindyaev, CEO of Matrix Finance told Cbonds that the issuer intends to redeem the remaining amount shortly, not mentioning any specific timing.
The company had a technical default on the 1st bond issue failing to repay the principal on the issue on schedule.
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,200,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Matrix Finance
  • Full name
    Matrix Finance
  • Registration country
    Russia
  • Industry
    Trade and retail