Bout barred from calling out of US jail, meeting relatives for 2 months - lawyerWorld August 23, 4:57
Russia marking day of defeat of Nazi forces in world’s biggest-ever armor operationSociety & Culture August 23, 3:18
Ukrainian president briefs other Normandy Four leaders about his trip to DonbassWorld August 23, 2:23
Normandy Four leaders support expected ceasefire in Ukraine — KremlinRussian Politics & Diplomacy August 23, 0:27
Russia beggining development of response to new anti-Russian sanctions by USRussian Politics & Diplomacy August 22, 23:14
Investigators claim to have enough evidence to prove Serebrennikov guilty of fraudRussian Politics & Diplomacy August 22, 21:35
Washington tries to use events in Khan Shaykhun to justify its strike on Syria — MoscowRussian Politics & Diplomacy August 22, 21:31
Egypt to receive 15 Russian 'Alligator' helicopters in 2017Military & Defense August 22, 19:57
Christophe de Margerie LNG tanker covers Northern Sea Route in record 6.5 daysBusiness & Economy August 22, 19:32
MOSCOW, February 24. /TASS/. SU-155 Capital affiliated with Russia’s SU-155 construction group defaulted on the last (sixth) coupon of Series 5-7 bonds issued in the total amount of 3 bln rubles ($38.9 mln), the company said on Wednesday.
Lack of funds became the cause of defaulting on commitments. SU-155 Capital floated Series 5-7 bonds worth 3 bln rubles ($38.9 mln) by public subscription in February 2013. Bonds are mature in three years. There are six coupons with payments made twice a year. The coupon rate is 17% per annum. Bonds are secured by the parent company’s guarantee.
The Russian Government made a decision on financial restructuring of the distressed construction group in December 2015. Rossiysky Capital bank became the main bridge bank of Su-155. Total debt of the Russian construction holding to credit institutions is over 17 bln rubles ($220.3 mln).