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Arkada defaults on Series 03 bonds

April 05, 2011 | Cbonds

Agro-industrial company Arkada defaulted on Series 03 bonds on April 1. The issuer failed to pat coupon 8 and a principal installment, according to Promsvyazbank.

Issue: APC Arkada, 03

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesRussia03/31/20111,200,000,000 RUB-/-/-

Company: APC Arkada

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

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