Hint mode is switched on Switch off

Find Any Data on Any Bond in Just One Click

Full data on over 500,000 bonds and stocks worldwide

Powerful bond screener

Ratings from the top 3 global ratings agencies, plus over 70 local ones

Over 300 pricing sources from the OTC market and world stock exchanges

User-friendly and intuitive across multiple platforms

Get access

GT TETS Energo defaults on Series 04 bonds

September 3, 2009 Cbonds
GT TETS Energo is in a technical default on Series 04 bonds. The issuer failed to pay a coupon and redeem the issue on September 2, the company said. The missed payment totals RUR 2,106.8m. The obligations were not fulfilled as Moscow Inspectorate of the Federal Tax Service #3 didn’t comply with a decision of Moscow Court of Arbitration regarding VAT refunds.

The issuer also didn’t pay the 5th coupon on the issue in March 2009. The issue amounts to RUR2bn.
  • Status
    redemption default
  • Country of risk
  • Redemption (put/call option)
    *** (***)
  • Amount
    2,000,000,000 RUB
  • М/S&P/F
    — / — / —
Company — GT TETS Energo
  • Full name
    Open joint stock company GT TETS Energo
  • Registration country
  • Industry
    Other sectors