Russian container line Fesco has skipped another bond payment as it awaits the outcome of an investors meeting.

The company said it made the decision not to pay the coupon and amortisation instalments due on rouble bonds on 31 May because it is waiting for the close of voting by bondholders on 6 June.

The owner has previously proposed investors postpone 20% amortisation payments for six months to 29 November.

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