Central and Eastern Europe (CEE)
-
Making coupon payments is only an attempt to save face -
Russia accused of ‘economic gibberish’ over repayment threat as coupon payments said to flow
-
Russia and western investors are unlikely to see eye to eye on what constitutes default as coupon date passes
-
EU sanctions mean rating agencies can no longer rate Russian borrowers
-
Rouble payment clauses will protect against CDS triggers, but they do not apply this week
-
At least one investor confident payment will still be made despite lack of communication
-
Rating agencies have warned offering rouble payments would mean default
-
Sanctions and efforts to keep foreign currency in Russia make servicing loans nearly impossible
-
Gazprom and Rosneft paid in dollars, but uncertainty clouds next batch of Russian coupon payments
-
Citi is still ‘supporting corporate clients in Russia’ but questions are raised over sustainability of Moscow offices
-
An issuer could be viewed as in default even if investors agree to a rouble payment, said one agency
-
