Major shoe retailer OR Group, which owns the Westfalika chain, has defaulted on its bonds. In January, he was unable to pay off five-year bonds, paying only interest on the issue, and now he has again failed to meet obligations of more than 500 million rubles to Promsvyazbank, turning a technical default into a real […]
“Changed shoes”: Shoe tycoon Titov sent the proceeds for bonds into the “dummy”? Entrepreneur Anton Titov allowed a technical default in his company OR Group, and sent the proceeds for the bonds in a completely unexpected direction. According to The Moscow Post correspondent, Anton Titov’s OR Group was unable to pay back bonds worth 0.6 […]