KIEV, May 10 – A consortium of international companies headed by Rothschild & Co. will be involved in restructuring and return of loans of PrivatBank (Kiev) issued to affiliated persons (insider loans), the press service of PrivatBank has told Interfax-Ukraine.
"The supervisory board of PrivatBank on April 13 selected a consortium of companies consisting of Rothschild, Ernst & Young LLC (EY) and FinPoint LLC winners of the tender to select the international recognized company to hold talks on restructuring, adding more collateral and restoring the cost of troubled loans, other loans and financial leasing liabilities provided to former ultimate beneficiaries of PrivatBank or persons who are directly or indirectly linked to the former ultimate beneficiaries of the bank.
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