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Raiffaisenbank: Russia’s UTair finishes debt restructuring

Download: Printable PDF Date: 30 Dec 2015 02:05 category:
Raiffaisenbank: Russia’s UTair finishes debt restructuring - Finance publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Airplanes Airline: UTair
Source: Ruaviation

Russian airline UTair has fully restructured its 160 billion ruble debt, a representative for the restructuring consultant Raiffaisenbank told PRIME Tuesday.

“Yes, we confirm that the deal is over,” the representative said.

In November, the airline signed a deal with a syndicate of 11 banks to restructure a 43 billion ruble debt.

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