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RosBusinessConsulting defaults on Series 5 commercial papers

July 10, 2009
RosBusinessConsulting didn’t pay principal and coupon on Series 5 commercial papers on July 9, the company enjoyed. The issue is worth RUR1.5bn. The coupon amounts to RUR 164.4m. The payments were not made due to the current unfavourable market conditions in Russia and lack of finances to meet the obligations.
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,500,000,000 RUB
  • М/S&P/F
    — / — / —
Company — RT Prof-Real
  • Full name
    RT Prof-Real
  • Registration country
    Russia
  • Industry
    Other sectors