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Rush falls behind with payments on Series A bonds

February 27, 2010 | Kommersant-Ukraine (translated by Cbonds)

OOO Rush has failed to redeem Series A bonds on schedule. The payment was due February 25. It was not made in full, as reported by Kommersant-Ukraine citing BM Bank as one of Series A bondholders. BM Bank said that they were in talks with the issuer on debt restructuring. Rush declined any comments.

Issue: Rush, 1-A

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedYesUkraine02/25/201020,000,000 UAH-/-/-

Company: Rush

Full company nameRush LTD
Country of riskUkraine
IndustryTrade and retail

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