OREANDA-NEWS. The situation of Russian Railways is not pre-default, and creditors did not receive payments on Eurobonds due to intermediary banks, the company said in a Telegram message. Russian Railways fulfills all obligations under Eurobonds. The carrier also applied to the UK Financial Sanctions Authority to obtain a license to service all debt obligations.

In connection with the media reports about delays in payments on Eurobonds, we report the following: Russian Railways fulfills all obligations under the relevant Eurobond issues, the situation with the company's financial instruments is not pre-default, the report says.

As an example, Russian Railways cites a payment on Eurobonds for 250 million Swiss francs, which was made exactly on time - March 12. However, as a result of Western sanctions, the funds were frozen, never reaching the accounts of the company's creditors.

Earlier, Bloomberg reported that representatives of the Russian Railways company allowed a possible default on one issue of European bonds. The publication noted the payment on bonds in Swiss francs. It is specified that the Russian company made an attempt to pay off the debt, but it failed to do so due to sanctions restrictions.