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View Full Version : Russia FLC Default Sparks $250 Million Payment Demand - Bloomberg



NewsWhore
03-20-2009, 11:00 AM
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Russia FLC Default Sparks $250 Million Payment Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaXl9dfGqVyF0%26refer%3Deurope&cid=1317711578&ei=jrDDSaTzK5SA7QPkldH_Dg&usg=AFQjCNGrLI6Pq_2nQBJxLcw-Zm2o8AnSVw)
Bloomberg
No other government-supported company has failed to service its foreign- currency debt since Russia defaulted on its sovereign bonds in 1998, said Mikhail Galkin, an analyst at MDM Bank in Moscow. Russian companies have $100 billion of debt due this ...


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