Russia`s Sberbank may restructure Utair`s debt

16:03 - 14.02.2019


February 14, Fineko/abc.az. Russia’s largest lender Sberbank is considering a possibility of restructuring the debt of airline Utair.

The statement was made at a media conference by SB’s head German Gref on the sidelines of the Russian Investment Forum.

"We’re still in a very constructive dialogue. We understand the airline has ot in such a situation. The plan of restructuring of this debt was submitted within the plan of withdrawal of the company from the crisis. If we see everything is fine there, I think we’ll meet the airline halfway and restructure the debt," said Gref, stressing that Sberbank has no plans to bankrupt the airline.

 

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