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Sevkabel-Finance fails to pay coupon on Series 03 bonds

September 29, 2010 | Cbonds

OOO Sevkabel-Finance hasn’t paid a coupon on Series 03 bonds, the issuer said in a statement. The issuer didn’t manage to pay RUR 15,926,565 or RUR 22.44 per bond. The payment was not made due to lack of liquidity. OAO Sevkabel-Holding suspended debt restructuring on Series 03 and 04 bonds of OOO Sevkabel-Finance due to the bankruptcy procedure launched against a number of enterprises of the holding.

Issue: Sevkabel Finance, 03

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia03/27/20121,500,000,000 RUB-/-/-

Company: Sevkabel Finance

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

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