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Kazakhstan's BTA files for U.S. creditor protection

BANGALORE/ALMATY, Feb 5 (Reuters) - Kazakh state-run bank BTA BTAS.KZ has filed for protection from creditors in a Manhattan bankruptcy court after some of them took action against the lender which is restructuring $11.6 billion in debt.

 

By Santosh Nadgir and Olzhas Auyezov

 

Source: Reuters

 

http://www.reuters.com/article/idUSLDE6141BZ20100205

7 February 2010 | View: 229 | News » Theme of day | Printint version
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