Dec. 29 (Bloomberg) -- BTA Bank, said all sides, including creditors and the government, are interested in reaching a “compromise” over the Kazakh lender’s planned restructuring.
“We continue to maintain that any approved restructuring plan is the most acceptable scenario among any possible options,” Chairman Anvar Saidenov said in a statement e-mailed by the Almaty-based bank today.
BTA is seeking to restructure its debt for the second time in as many years and last week called a shareholders’ meeting for Jan. 26 to vote on the issue.
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