15 августа 2014 15:11

Alliance Bank debt restructuring talks break stalemate

© Yaroslav Radlovsky

Alliance Bank of Kazakhstan has finally agreed the basic terms of restructuring of its $1.2 billion debt, Tengrinews reports. All the members of the steering committee of the bank’s creditors have agreed to the bank's new offer, but it is yet to be approved by the voting of the creditors themselves.

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