Sovcomflot pledges ‘alternative payment’ route to meet bond obligations
Russian tanker group has been unable to pay the last two installments on its Irish Eurobonds series because its agent refused to handle payments in the wake of sanctions
Having missed two issues of notes outstanding, amounting to $928m, sanctioned Russian state-owned tanker giant Sovcomflot has found an alternative payment route to meet its obligations
If content does not display, please refresh your browser.
Subscribe
Not ready to subscribe? Sign up for free articles and daily news updates.
Sign Up For Updates