Russia again avoids bond default with $447 million payment - New York Post
4/1/2022 12:00:00 AM3 years 1 month ago
by Ariel Zilber, Lydia Moynihan
by Ariel Zilber, Lydia Moynihan
The payment was processed by JPMorgan, which is Russia’s foreign correspondent bank. It was then transferred to the admin agent, which in this instance is BNY Mellon, sources familiar with th…
Russia once again avoided a default on its foreign debt as the Kremlin transferred a $447 million bond payment. The payment was processed by JPMorgan, which is Russia’s foreign correspondent bank. I… [+2642 chars]
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