Russian debt: a circle to be squared

By Rodrigo Olivares-Caminal, Of Counsel at Kepler-Karst Law Firm and expert in Sovereign Debt. Russia recently missed an interest payment on two of its sovereign bonds, the 2026 USD and 2036 EUR bonds, and, as it is common in these instruments, they enjoy a 30-day grace period that just ended. Things are getting difficult. The […]