Как распознать дефолт в ВДО?

How to recognize a high-yield bond default early? In this episode, Mark Savichenko examines high-yield bond defaults and shows which signals most often appear BEFORE a technical default/default: deterioration in financial statements and ratings, qualified auditor opinions, tax risks, capital and intangible asset anomalies, debt growth without revenue growth, and a surge in lawsuits. We also discuss 2025 cases and compare them with 2023–2024 statistics: why the market expected some defaults, while others came as a surprise; how news from public sources and Telegram channels could help investors exit early; why "quick" defaults after placement are especially dangerous; and what investors should do during pre-default events and restructurings. Timecodes: 00:00 — Default Statistics 2023–2025 01:50 — Reatorg: Rating and Auditor's Claim 03:43 — Kuzina: Tax Risk 05:48 — Magnum Oil: Unexpected Default 06:38 — Chistyaya Planeta: Signal Before Default 08:06 — Stroy Sistema Mekhanizatsii: Technical Default 09:47 — GazTransSnab: "False" Capital 11:16 — Megatakt NN: Bankruptcy News 13:04 — Feroni: Paid Until the Last 14:43 — MosRegionLift: Liquidity Issues 17:40 — S-Sprint: Technical Default After Placement 18:59 — Financial Systems: An Abnormal Fate 20:38 — Seller: Debt Grows, No Revenue 22:18 — Russian Container Company: Protracted Technical Default 23:40 — Global Factoring Network: Repayment Risks 25:01 — Naftatrans: Low Rating and Amortization 28:05 — Monopoly: Weak Reporting 29:17 — Garant Invest: Critical Debt 31:31 — Epilogue: Conclusions and Recommendations __ PRObonds — Investing in High-Yield Bonds On our channel, you'll find everything about the bond and debt financing market. We share real-life cases, reveal investment strategies, analyze issuers, and explain how to make money on high-yield bonds (HYBs) without unnecessary risks. 📈 We offer: • Regular webinars and videos on investment analytics • Forecasts and market trend overviews • Step-by-step explanations on how to enter the debt market • Answers to questions from beginner and experienced investors • Case studies of real companies and issues 📌 Subscribe to stay up to date: • Telegram channel → https://t.me/probonds • Investor chat → https://t.me/ivolgavdo • VK → https://vk.com/probonds_news • Company website → https://ivolgacap.ru • Blog on Smart-Lab → smart-lab.ru/company/ivolga_capital/blog 📌 Learn more about bond issuance: https://issuer.ivolgacap.ru/ Andrey Khokhrin https://t.me/s/AndreyHohrin Join the community of conscious investors! #bonds #VDO #default #techdefault #corporatebonds #creditrisk #issueranalysis #investments #ivolgacapital #probonds