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FIUKR and Cargill agree on debt repayment

FIUKR and Cargill agree on debt repayment

6 July 2009

FirstUkrainian International Bank (FIUKR) agreed to repay its obligations to Cargill Finance Services International Inc. The first USD 10 mln of the loan had matured in April but the bank failed to pay it off. The whole amount of the banks obligations to Cargill has not been disclosed. In return, Cargill agreed to withdraw its suit against FIUKR in the New York Southern District Court.

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