Samolyot Faces Technical Default on 2.5B RUB Bonds

The «Samoliet» company group committed a technical default when redeeming the BO-P20 bond series worth 2.5 billion rubles.

Consensus

The developer 'Samolyot' failed to fully pay the redemption amount for bonds series BO-P20 by the due date of 28 September 2026.
The National Settlement Depository (NRS) reported that the obligations were fulfilled 'improperly'.
The company transferred funds for redemption and coupon payment on 28 September 2026.
A portion of the payment was credited to the NRS account on 29 September 2026 due to technical reasons.
The company stated that the full amount was paid and that the delay was not due to a refusal to fulfill obligations.
The NRS will register the list on the next business day after funds are credited.
The bond issue had a nominal value of 1,000 rubles per bond, with a total volume of 2.5 million bonds.
The coupon rate was 21.25% per annum, and the 12th coupon was paid in full.
The company reported a net loss of 22.3 billion rubles for the first half of 2026, compared to profit in the same period of 2025.
The company's revenue decreased by 31% year-on-year to 117.5 billion rubles in the first half of 2026.
The company reduced its corporate debt by 6% to 112.7 billion rubles.
The company previously discussed restructuring its debt with Sberbank and sold non-core assets.

The company stated that the coupon income had already been fully paid to investors. — kommersant
The company claimed that the full redemption of the BO-P20 issue was completed on 28 September 2026. — vesti
The company reported that the bond issue was placed on 3 October 2025. — fontanka
The company reported a net profit of 1.8 billion rubles in the first half of 21025, which turned into a net loss of 22.3 million rubles in the first half of 26. — vedomosti
The stock price fell by approximately 5.6% by 16:40 MSK and later recovered to a 1.6% decline by 18:26 MSK. — kommersant
The stock price fell by 5.6% by 16:40 MSK and then decreased to a 2.33% drop by 17:40 MSK. — fontanka
The stock price fell by nearly 8% after the NRS announcement and traded at 233.4 rubles by 17:42 MSK. — vedomosti
Bond prices dropped up to 37.27% initially, then stabilized to a 9.18% decline. — kommersant
Bond prices dropped significantly, but the exact percentage was not specified. — fontanka