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Rail Leasing Finance defaults on coupon

February 17, 2011 Cbonds
OOO Rail Leasing Finance has failed to pay a coupon on Series 01 bonds, the issuer said in a statement. The payment was due February 16. The issuer had to pay RUR447,204 in accrued interest on 179,600 outstanding bonds. The payment was not made due to lack of liquidity.
  • Status
    redemption default
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    179,600,000 RUB
  • М/S&P/F
    — / — / —
  • Full name
    Rail Leasing Finance (former VKM-Leasing Finance)LLC
  • Registration country
    Russia
  • Industry
    Leasing and Rental