IBA sets out stall for debt restructuring
International Bank of Azerbaijan has asked investors to agree to a restructuring of its balance sheet that will see the exchange of its outstanding bonds for new sovereign debt, and a limited amount of new IBA debt. IBA has also said that it must transfer a fourth tranche of bad assets to the Bank of Aqrarkredit to restore its viability.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts