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Prospect News home > News index > List of issuers B > Headlines for Bonitron DAC > News item
Published on 7/12/2022 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Eurotog notifies Bonitron that it may not be able to service debt

Chicago, July 12 – Eurotorg LLC informed Bonitron DAC that it may not be able to service its debt due to restrictions and sanctions against Belarusian banks and financial entities, according to an announcement.

The announcement relates to Bonitron’s $300 million outstanding 9% loan participation notes due 2025 that were issued on behalf of Eurotog.

Bonitron is a Dublin-based special purpose entity. Eurotorg is a supermarket operator based in Minsk, Belarus.


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