Alliance Russian Textile fails to redeem Series 03 bonds
October 22, 2009
OAO Alliance Russian Textile defaulted on Series 03 bonds on October 20, according to the issuer’s statement. The issuer didn’t pay the principal and interest on the issue, namely the 8th coupon worth RUR72.3 per bond. The payments were not made due to the fact that the issued was declared bankrupt by a ruling of the Moscow Arbitration Court as of June 2, 2009. |
Issue — Alliance Russian Textile, 03
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Statusredemption default
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Country of riskRussia
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Redemption (put/call option)
*** (*** ) -
Amount1,200,000,000 RUB
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М/S&P/F— / — / —
Company — Alliance Russian Textile
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Full nameAlliance Russian Textile
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Registration countryRussia
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IndustryLight industry
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