Nordgold fails to pay coupon on USD Eurobonds

21.04.2022

Nordgold, which maintains mining operations in Russia and Kazakhstan, joined the ranks of Russian borrowers who, due to technical problems, were unable to make payments on Eurobonds on time.

The company was supposed to pay a coupon on Eurobonds-2024 in the amount of $8.25 million on April 9 (usually, payments that...