The company MGCL, which manages the Mosgorlombard network, made a technical default, not paying a coupon for 24.66 million rubles on time, reports Russia Forbes. Earlier, according to the order of the Federal Tax Service, several of the company's subsidiaries were shut down, and within a week its shares fell by more than 50%. In September, the specialist RA agency downgraded MGCL to B and removed it amid a series of deals to buy small legal entities, which experts saw as an attempt to artificially inflate assets.