Rambler co-owner Mamut pays 62 mln euro debt to Bank Trust - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Rambler co-owner Mamut pays 62 mln euro debt to Bank Trust

MOSCOW, Apr 14 (PRIME) -- Alexander Mamut, a co-owner of Russian media holding Rambler Group, has fully redeemed a restructured debt of 62 million euros to Bank Trust via the sale of Swiss civil helicopters maker Kopter, the bank said on Tuesday in a statement.

The debt was to be repaid by April 30, and the obligation was duly fulfilled, the bank said.

“Under the agreement, we agreed on full, without discounts, redemption of the credit. Together with the borrower, we have worked out a mutually convenient schedule of payments. Despite the current economic situation, the debt was fully paid,” the bank’s Chairman Mikhail Khabarov said.

In 2019, Rambler Group fully repaid its 3.3 billion ruble debt to Bank Trust.

(73.5245 rubles – U.S. $1)

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14.04.2020 15:22
 
 
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