Wed, Oct 1, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Kazakh wealth fund sees injections into BTA as ‘inevitable’

Posted on 30 January 2012

Kazakhstan’s sovereign-wealth fund, the majority owner of BTA Bank, said the need to inject funds into the lender, which is seeking a second debt restructuring in as many years, is “inevitable.”
This “won’t necessarily be a capital injection, other forms are possible,” Yelena Bakhmutova, deputy CEO of the fund, known as Samruk-Kazyna, told reporters in Astana today. The possibilities include less expensive government funding and higher coupons on Samruk-Kazyna bonds that the bank now holds, she said, without elaborating on the timing………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14855 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031