Rusnano warned of its possible insolvency. The volume of creditors’ claims significantly exceeds the company’s assets: it does not have enough of its own funds to meet its obligations. By summer, Rusnano’s net debt amounted to almost 100 billion rubles.

Rusnano warned of its possible insolvency

Rusnano in the report points out the risks of its insolvency and possible bankruptcy. Interfax reported this.

“Given the size of accounts payable in the form of loans and bond issues that must be repaid by the end of 2023, it is objectively impossible for Rusnano JSC to fully meet its debt obligations solely at the expense of its own funds,” he stated. says the report.

The report also states that the volume of Rusnano’s accounts payable significantly exceeds the value of the company’s assets. If a decision is not made to allocate funds to the company to meet its obligations, risks of bankruptcy will arise, the document clarifies.

In December, Rusnano will have to repay a bond issue worth 10 billion rubles. In the summer, Rusnano’s net debt amounted to 95.5 billion rubles.

Author:

Kirill Bilyk

Source: RB

Previous articleLogitech launches new Pebble 2 wireless mouse and keyboard in Brazil
Next articleSpotify is working on the possibility of creating AI-powered playlists
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here