Pik hires Sberbank Capital for debt restructuring

By A staff reporter 2009-04-03T00:00:00

PIK, the London-listed Russian residential property developer, has mandated Sberbank Capital, an investment arm of Russian bank Sberbank, to advise on restructuring the company's debt portfolio. Pik said its total debts come to RUB 44.8 bn (EUR 998 mln). The group's major credits include Sberbank, Vnesheconombank (VEB), Rosbank, VTB, ...

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