Severstal Misses $12.6 Million Interest Payment Deadline

The video discusses a unique financial situation where a company has the cash and willingness to pay, but an intermediary, Citigroup, missed a payment deadline. Bondholders are advised to contact Citigroup to expedite the process, but may need to wait for resolution due to the company's assets being in Russia. At the sovereign level, Russia is set to repay a Eurobond, but bondholders have not yet received the payment, and updates are awaited.

Why would seizing the company's assets in Russia be difficult?

What was the deadline for the payment mentioned in the text?