OOO 'Business-Lend' defaulted on the payment of the eighth coupon…
OOO 'Business-Lend' defaulted on the payment of the eighth coupon for its BO-01 bond series, failing to transfer 17.2 million rubles by the due date, citing insufficient funds and account freezes due to tax arrears with the Federal Tax Service.
Consensus
- OOO 'Business-Lend' defaulted on the payment of the eighth coupon for its BO-01 bond series.
- The overdue amount was 17.2 million rubles.
- The default occurred due to insufficient funds and account freezes caused by negative tax balances with the Federal Tax Service (IFNS).
- Bondholders gained the right to demand early redemption of the bonds following the default.
- The bond issue has a total volume of 300 million rubles, with maturity in December 2027.
Points of divergence
- This is the second incident involving payment failures within recent months; in October 2025, a technical default was previously avoided as payments were made before actual default occurred. — kommersant
- 'Business-Lend' admitted to a technical default on July 3 and stated it planned to fulfill obligations within the next 10 days. — vedomosti
Coverage (2 sources)
- Business-Land declared default on a coupon worth 17.2 million rubles — Коммерсантъ
- Business Land admitted technical default on BO-01 bond coupon payment — Ведомости