Home
/
News
/

Finance & Credit pays USD 23 mln on syndicated loan

Finance & Credit pays USD 23 mln on syndicated loan

13 July 2010

Finance & Credit Bank paid USD 23 mln of a USD 112.5 mln syndicated loan, Deputy Chairman Sergei Borisov said yesterday via a press release on the bank’s Web site. According to Borisov, the payment was part of negotiations to restructure the bank’s external debt. Borisov said he expected restructuring agreements with creditors to be signed over the next three weeks. In March, F&C announced it was seeking to restructure over USD 100 mln in debt by increasing interest rates and adjusting its repayment schedule, without writing off any of the principal.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...