MKH defaults on Series 02 bonds

OAO MKH (Moscow Bread Combine) has failed to pay a coupon on Series 02 bonds and redeem the issue, according to the issuer’s report. The payment was not made due to lack of liquidity. The coupon payment amounts to RUR72.3m and the principal is worth RUR1bn.

• Status
  redemption default
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  1,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  open joint stock company MKH
• Registration country
  Russia
• Industry
  Food industry