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View Full Version : Russia to Rescue FLC After Coupon Payment Default, Ivanov Says - Bloomberg



NewsWhore
03-25-2009, 05:43 AM
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Russia to Rescue FLC After Coupon Payment Default, Ivanov Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DajD6IdL_8_oE%26refer%3Dhome&cid=0&ei=wO_JSf_QCcipmQfAl9ikDw&usg=AFQjCNESoMNTqZDyPt7Ph9jIExtorPf9Rg)
Bloomberg
No other government-backed company has failed to service its foreign-currency debt since Russia defaulted on sovereign ruble bonds in 1998, according to Mikhail Galkin, an analyst at MDM Bank in Moscow. Russian companies have about $100 billion of ...


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