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MKH defaults on Series 02 bonds

August 27, 2009
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.
Issue — MKH, 02
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,000,000,000 RUB
  • М/S&P/F
    — / — / —
Company — MKH
  • Full name
    open joint stock company MKH
  • Registration country
    Russia
  • Industry
    Food industry