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Sevkabel-Finance fails to pay coupon on Series 04 bonds

May 26, 2010 Cbonds
OOO Sevkabel-Finance hasn’t paid accrued interest for coupon period 8 on Series 04 bonds, the issuer said in a statement. The payment amounting to RUR 42,254,430 was not made due to lack of liquidity.
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    2,000,000,000 RUB
  • М/S&P/F
    — / — / —
Company — Sevkabel Finance
  • Full name
    Sevkabel Finance
  • Registration country
    Russia
  • Industry
    Other sectors