Results for Russia
- Russia Proposes Restructuring Of $3 Billion Kiev Debt
Russia has proposed a restructuring of the $3bn bond owed to it by Ukraine, an about-turn from Moscow’s earlier insistence of full repayment next month, the Financial Times reported. The move offers a glimmer of hope that Russia and Ukraine can avoid ...
Daily Headline - global.abi.org - 11/16/2015 - 19:45 - 0 comments
- High Drama As Russia’s Transaero Edges Towards Bankruptcy
Two dozen pilots and stewardesses from the Russian airline Transaero observed a minute’s silence in the centre of St Petersburg on Sunday for those who died in the crash of Metrojet flight 9268 in Egypt last weekend, the Financial Times reported. But ...
Daily Headline - global.abi.org - 11/08/2015 - 21:18 - 0 comments
- Angry Investors Threaten To Derail Yuksel Debt Restructuring
Turkey's Yuksel Insaat is facing a revolt from a growing faction of investors who have vowed not to vote in favour of a critical restructuring plan, which could push one of the country's largest construction companies into insolvency. Yuksel In ...
Daily Headline - global.abi.org - 11/08/2015 - 21:22 - 0 comments
- Russian Tycoon Kogan Takes 82 Percent Of Uralsib Bank In Central Bank Rescue
Russian businessman Vladimir Kogan has acquired 82 percent of Uralsib Bank's shares as part of a central bank plan to avert bankruptcy at the top-30 Russian lender, the bank said on Wednesday. The Deposit Insurance Agency (DIA) will also give Uralsi ...
Daily Headline - global.abi.org - 11/04/2015 - 21:12 - 0 comments
- Russia Central Bank Considers Helping Banks Caught In Transaero Collapse
Russia's central bank is considering relaxing rules for banks that lent to troubled airline Transaero, a senior central banker said on Tuesday, a day after a deal to buy a controlling stake in the airline fell through, Reuters reported. Alexei Siman ...
Daily Headline - global.abi.org - 11/03/2015 - 20:26 - 0 comments
- Russia Minister: We're Not Taking Part In Ukraine Debt Restructuring Talks
A Ukrainian Eurobond held by Russia and due for redemption in December is "official" debt, and for that reason Russia is not taking part in restructuring talks Ukraine has held with private creditors, Russia's finance minister said on Wedn ...
Daily Headline - global.abi.org - 10/28/2015 - 20:20 - 0 comments
- Transaero Creditor Sberbank Says New Owners Could Not Save Airline
Russia's biggest lender Sberbank does not believe the indebted Transaero airline could be saved even if it changes owners, RIA news agency quoted Sberbank First Deputy Chief Executive Maxim Poletaev as saying on Thursday. The creditor would not with ...
Daily Headline - global.abi.org - 10/22/2015 - 19:37 - 0 comments
- Co-Owner Of Russia's S7 Agrees To Buy At Least 51 Percent Of Transaero
A co-owner of Russia's S7 Airlines, Vladislav Filev, has signed an agreement to buy at least 51 percent of airline Transaero, a spokeswoman for S7 said on Tuesday, Reuters reported. Transaero, Russia's second-biggest airline, is laden with debt ...
Daily Headline - global.abi.org - 10/20/2015 - 21:36 - 0 comments
- Putin Needles IMF as Russia Prepares Plan for Ukraine Default
President Vladimir Putin called on the International Monetary Fund to help Ukraine repay a $3 billion bond due December, as Russia said it was weighing plans for a possible default on the debt, Bloomberg News reported. The Washington-based fund is prepar ...
Daily Headline - global.abi.org - 10/13/2015 - 20:38 - 0 comments
- Russia's Change of Plan on Transaero Bailout Lifts Aeroflot
The Russian government’s decision to change its plan on Aeroflot PJSC’s takeover of Transaero Airlines sent the shares of the nation’s biggest airline surging, Bloomberg News reported. The Russian government will change its plan on Transaero and its bank ...
Daily Headline - global.abi.org - 09/30/2015 - 21:09 - 0 comments