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Sevkabel Finance defaults on Series 04 bonds

February 25, 2010 | Cbonds

OOO Sevkabel Finance has defaulted on Series 04 bonds. The company failed to pay the 7th coupon amounting to RUR 45,856,320. The obligation was not fulfilled due to lack of liquidity.

Issue: Sevkabel Finance, 04

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia05/21/20132,000,000,000 RUB-/-/-

Company: Sevkabel Finance

Full company nameSevkabel Finance
Country of riskRussia
Country of registrationRussia
IndustryOther sectors

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