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3rd bond issue of Electronika Bank declared not held

January 12, 2009 | Cbonds

On December 26 the Central Bank of Russia declared the 3rd bond issue of Electronika Bank not held. The issuer planned to place 5-year bonds through public offering. The Central Bank revoked the Electronika Bank’s license for provision banking services on December 25 following the issuer’s default on the 2nd bond issue.

Issue: Electronika Bank, 03

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
cancelledRussia20131,500,000,000 RUB-/-/-

Company: Electronika Bank

Full company nameElectronika (Joint Stock Commercial Bank)
Country of riskRussia
Country of registrationRussia
IndustryBanks

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