Raiffaisenbank: Russia’s UTair finishes debt restructuring

MOSCOW, Dec 29 (PRIME) -- 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.

(70.7865 rubles – U.S. $1)

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