Gold producer Petropavlovsk blocked from bond payment as UK sanctions bite - Financial Times


3/25/2022 12:00:00 AM3 years 11 months ago

Russian-focused company prohibited from paying interest due after its main lender Gazprombank had assets frozen

Petropavlovsk has been thrown into fresh turmoil after the Russian-focused gold producer was blocked from making a payment on one of its loans when the UK targeted its main lender with sanctions. Th… [+3431 chars]

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