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3rd bond issue of Electronika Bank declared not held

January 12, 2009
On December 26 the Central Bank of Russia declared the 3rd bond issue of Electronika Bank not held. The issuer planned to place 5-year bonds through public offering. The Central Bank revoked the Electronika Bank’s license for provision banking services on December 25 following the issuer’s default on the 2nd bond issue.
  • Status
    cancelled
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,500,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Electronika Bank
  • Full name
    Electronika (Joint Stock Commercial Bank)
  • Registration country
    Russia
  • Industry
    Banks