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APC Arkada defaults on Series 04 bonds

November 25, 2009 | Cbonds

APC Arkada defaulted on Series 04 bonds on November 25. The issuer didn’t manage to pay the 3rd coupon amounting to RUR 130,837,644 due to lack of liquidity.

Issue: APC Arkada, 04

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia05/23/20121,500,000,000 RUB-/-/-

Company: APC Arkada

Full company nameAgroindustrial company Arkada
Country of riskRussia
Country of registrationRussia
IndustryAgriculture

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