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Deposit Guarantee Fund to auction liabilities of Delta Bank on Dec 24
Journal Staff Report

KYIV, Sept 3 Deposit Guarantee Fund will hold a repeated auction on September 24 to sell liabilities on credit agreements of Delta Bank on the Debt Exchange, Inc. (DebtX, Delaware) increasing the starting price up to UAH 4.98 billion (5.7 times).

Oil and fat complex in Illichivsk and infrastructure in the Chornomorsk seaport are the parts of poll of assets of Delta bank, the fund reported on its website.

"The bids will run under the Dutch scheme [on lowering price]," the Deposit Fund said.




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