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FUIB obtains permission from eurobond holders to lift M&A limits
Journal Staff Report

KIEV, Nov. 9 – First Ukrainian International Bank (FUIB) has obtained agreement from holders of its $275 million issue of 2014 eurobonds to lift limitations on mergers and acquisitions pending a future merger with Dongorbank, and to defer stockholders' additional capitalization obligations until the end of 2010, the bank announced on its Web site.

The new conditions on the eurobonds were agreed at a meeting of the bondholders in London on November 8, according to the posting.




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