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Krasniy Bogatyr defaults on Series 01 bonds

February 12, 2010
Krasniy Bogatyr has defaulted on Series 01 bonds. The issuer didn’t redeem the issue and pay the last coupon on February 12. The issue amounts to RUR2bn. According to Rosbank, the arranger of the issue, the company hasn’t made any payments.
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    2,000,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Krasniy Bogatyr
  • Full name
    MPO Krasniy Bogatyr
  • Registration country
    Russia
  • Industry
    Construction and development