PIK Group informs that debt restructuring was finalized - новости ПИК от 21 февраля 2011
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21 февраля 2011

PIK Group informs that debt restructuring was finalized

(LONDON, 22 February 2011) - PIK (LSE: PIK), a leading Russian residential developer, is pleased to announce that it has finalized the restructuring of its debt portfolio.

In late February 2011, PIK has fully repaid the debt to Nomos bank. This agreement means that PIK Group has now restructured all of its outstanding overdue bank loans.