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RosBusinessConsulting defaults on Series 5 commercial papers

July 10, 2009 | Cbonds

RosBusinessConsulting didn’t pay principal and coupon on Series 5 commercial papers on July 9, the company enjoyed. The issue is worth RUR1.5bn. The coupon amounts to RUR 164.4m. The payments were not made due to the current unfavourable market conditions in Russia and lack of finances to meet the obligations.

Issue: RT Prof-Real, BO-05

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia07/09/20091,500,000,000 RUB-/-/-

Company: RT Prof-Real

Full company nameRT Prof-Real
Country of riskRussia
Country of registrationRussia
IndustryOther sectors

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