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Sugar Company fails to pay coupon on Series 01 bonds

May 14, 2009 | Cbonds

OAO Sugar Company has failed to pay a coupon on Series 01 bonds. The payment amounted to RUR 139.62m, or RUR69.81 per bond in accordance with a 14% coupon rate. The issue amounts to RUR2bn.

OAO Sugar Company is a Part of agro-industrial group Euroservice.

Issue: Sugar Company, 01

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia11/10/20092,000,000,000 RUB-/-/-

Company: Sugar Company

Full company nameSugar Company
Country of riskRussia
Country of registrationRussia
IndustryAgriculture

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