Amber Beverage Group has defaulted on its bond obligations, failing to repay the nominal value of its notes along with accrued coupon and default interest.
The default stems from “serious” financial distress at the group’s Latvian subsidiary, Amber Latvijas Balzams (ALB).
Amber Beverage Group has defaulted on its bond obligations, failing to repay the nominal value of its notes along with accrued coupon and default interest.