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View Full Version : Russia's Gallery Misses Payment on $175 Million Bonds - Bloomberg



NewsWhore
05-15-2009, 05:15 AM
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Russia&#39;s Gallery Misses Payment on $175 Million Bonds (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dav25qtATa7Wo%26refer%3Deurope&cid=0&ei=ADUNSpegHdKgmAeYndyCBw&usg=AFQjCNFakG07uPHPVlc4Tp8Zj1leGydxlw)
Bloomberg
The 35 percent devaluation of the ruble against the dollar between August and January made it more difficult for the company to service foreign-currency debt because its revenue is in rubles, Pribytkova said. In Moscow, Gallery&#39;s main market, ...


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