Russia’s RGS Realty says fails to redeem 5 bln rbl exchange bond

MOSCOW, Oct 27 (PRIME) -- Russian real estate investment company RGS Realty has failed to redeem a 5 billion ruble 2-year BO-P01 exchange bond due to the lack of money, the company said in a statement late on Thursday.

On Monday, the company failed to pay a 299.2 million ruble coupon income on the bonds due to the same reason.

RGS Realty also failed to redeem 2 billion rubles of BO-01 exchange bonds and to pay a 119.68 million ruble coupon income on them earlier in October, and failed to redeem 2 billion rubles of BO-P03 5-year exchange bonds in September.

(57.7643 rubles – U.S. $1)

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