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Bonds drowned in vodka. Is it time for Russian Standard owner to be scared...

Roustam #Tariko created second largest vodka producer in the world but his bank and still struggles with debt burden, with yet another restructuring of his bank debt  making headlines lately.

The Tariko manoeuvre and Russian Standard bondholders

A company controlled by Roustam #Tariko recently missed coupon on a $544m bond issue collateralised by a 49% stake in the #Russian_Standard Bank . While the bond...