Moscow. June 24. INTERFAX.RU – ALROSA, which is on the US and UK sanctions lists, will not be able to pay the coupon on another dollar Eurobond issue maturing in 2027.
The company has been under British sanctions since March 24, and blocking were imposed on ALROSA on April 7
The next coupon payment on the company’s Eurobonds maturing in 2027 falls on June 25, its amount is $7.75 million. EU and the UK in relation to the Russian Federation and Russian persons, foreign agents and companies processing payments in relation to Eurobonds are not able to process them. As a result, making payments on Eurobonds is now technically impossible.