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570 Russian e-commerce major Ozon rules out any default risk, but trading still suspending on Nasdaq

East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 03/29/2022 07:45 EDT

Russian e-commerce major Ozon rules out any default risk, but trading still suspending on Nasdaq

Just weeks after warning of a bond payment issue, Russian e-commerce major Ozon is now ruling out any default risk. Cited by news agency RIA, the company’s business development director Anna Karpova said Ozon had “113 billion rubles on its accounts,” which is enough to “cover [its] obligations.” “We see loyalty on the part of [securities holders], … Russian e-commerce major Ozon rules out any default risk, but trading still suspending on Nasdaq Read More

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