Oschadbank agrees with creditors to defer payments for 7 years

14:08, 18 June 2015
Economy
62

State-owned bank Oschadbank has agreed with the special committee of creditors to extend payments under its external debt maturing in 2016, 2017 and 2018 worth $1.3 billion for seven years, to 2023, 2024 and 2025, respectively, the press office of the bank has reported.

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