RUSSIA HAS BEEN HIT BY A RECORD WAVE OF BUSINESS DEFAULTS SINCE THE BEGINNING OF THE WAR
The fourth year of the war in Ukraine has been the most difficult for Russia’s debt market since at least 2022: there were defaults and forced restructurings of bond and digital financial asset (DFA) issuances for 48 companies. This was reported by RBC, citing data from Cbonds. In 2024, 25 companies had difficulties with bond…
