AvtoKrAZ auctioned
the Deposit guarantee Fund puts up for auction June 12, 2020 a pool of assets of JSC "Delta Bank" JSC "Bank "Finance and credit". Auction will be held at the site of DebtX by the Dutch model of auction, the press service of the Fund.
Total amount outstanding under the credit agreements is UAH 8.8 bn.
Among the objects of collateral on loans – plant AvtoKrAZ and a plant for the production of pneumatic brake equipment for motor vehicles.
Initial price to 1.66 billion.
the Deposit guarantee Fund emphasizes that we are talking about implementing loans and receivables, ie debt and not directly of real estate or property as collateral for him.
This means that when you buy these assets, the investor gets the opportunity to work with problem loans, according to the report DGF. Theoretically, the sale of "AvtoKrAZ" can work and repay debts.
today initiated a case on bankruptcy of JSC "AvtoKrAZ" is the procedure disposition of property of the debtor, the liquidation procedure is not appointed. On debt assets are still ongoing in the courts. The owner of the company, the oligarch Konstantin Zhevago is abroad.
In Ukraine, he wanted to - he has opened a criminal case on the withdrawal of funds from Bank "Finance and credit".