July 17, 2009 | Cbonds
|Otkrytie Investment Bank has drawn up preliminary results of debt restructuring on Razgulay-Finance’s Series 02, 03, and 04 bonds. The issues total RUR8bn. |
The issuer bought back 25% of Series 02, 03, and 04 bonds from those bondholders who had agreed to debt restructuring terms. As of July 15, 2009 the amount of restructured debt stood at 93%. Otkrytie Investment Bank is advisor on debt restructuring. The bank and the issuer are in still talks with bondholders and count on finishing them successfully soon.
Issue: Razgulay-Finance, 03
|Status||Default||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||Razgulay-Finance|
|Country of risk||Russia|
|Country of registration||Russia|