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Major Ukrainian grain trader misses bond payment, default looms
Journal Staff Report

KIEV, March 16 – A major Ukrainian grain trader failed to make timely payment on 50 million hryvnias corporate bonds in what is increasingly likely to become the country’s first corporate debt default, a newswire reported.

Agroproduct, the biggest grain and oilseed trader in the southern Ukraine, is apparently unable to redeem the three-year bonds maturing in April, Ukrayinski Novyny reported citing Credit-Rating, a Ukrainian credit rating agency.




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