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Drogobychskiy Drill Bit Plant defaults on Series B bonds

September 2, 2010
OAO Drogobychskiy Drill Bit Plant has announced a default on Series B bonds. The issuer failed to redeem the issue on schedule. The UAH25m issue was due August 16, 2010.
  • Status
    redemption default
  • Country of risk
    Ukraine
  • Redemption (put/call option)
    *** (***)
  • Amount
    25,000,000 UAH
  • М/S&P/F
    — / — / —
  • Full name
    "Drogobychskiy drill bit plant" OJSC
  • Industry
    Engineering industry