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Banana-Mama defaults on coupon

February 16, 2009 Cbonds
OOO Banana-Mama defaulted on a coupon on Series 02 bonds on Thursday. The issuer failed to pay RUR86.01m. The issue didn’t transfer the money to the National Depository Centre (the paying agent). The issuer didn’t comment on the situation.

Issue — Banana-Mama, 02
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,500,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Banana-Mama
  • Full name
    Banana-Mama
  • Registration country
    Russia
  • Industry
    Specialty Retailers