Lazard replaces Goldman as BTA debt advisor
Lazard has replaced Goldman Sachs as an advisor to Kazakhstan’s BTA Bank, which is trying to restructure $15bn of debt. Goldman, which resigned last month, was rumoured to have cut its ties in response to BTA prepaying some of its lenders after April 20, when it announced a halt to all principal payments.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
