Source Pravda.Ru

Creditor banks notify YUKOS about default

The consortium of creditor banks consisting of Societe Generale, Citigroup, Commerzbank, Credit Lyonnais, Deutsche Bank, HSBC and ING, which are organizers of a syndicated loan totaling $1bn, have given default notified to YUKOS. Now these banks have the right to immediate payment of YUKOS' debit, representatives of YUKOS reported. Previously, another consortium notified YUKOS about a possible $1.6bn default.

As reported earlier, last week, the court obliged YUKOS to pay RUR99bn ($3.4bn) in debts to the Russian Tax Ministry, after which the Tax Ministry claimed RUR 98bn (about $3.37) more.

© &to=http://www.rbcnews.com' target=_blank>RBC

&to=http://www.yukos.com' target=_blank>YUKOS

Early reports by "PRAVDA.Ru":

&to=http://english.pravda.ru/main/18/88/351/13128_YUKOS.html' target=_blank>On YUKOS"s "transparency" and liberalism in Russia

&to=http://english.pravda.ru/mailbox/ 22/99/391/11041_elections.html' target=_blank>The Kremlin-Yukos Cul-de-sac

Years of diplomatic conflict resolution efforts in Syria produced no breakthroughs. Washington and its imperial partners want endless war and regime change, not peace.

Russian Foreign Ministry on Syria, Ukraine and Britain

The British public made a mistake two years ago, easily led by a campaign of false promises and lies. Today REMAIN would win 60%-40% at the very least.

We, the People of Britain, do not want Brexit

Years of diplomatic conflict resolution efforts in Syria produced no breakthroughs. Washington and its imperial partners want endless war and regime change, not peace.

Russian Foreign Ministry on Syria, Ukraine and Britain
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