Sales of repeated creditors’ claims

The Bankruptcy Administrator of Ūkio bankas, BAB announces repeated public sale of creditors’ claims of EUR ~64.56 million package (hereinafter referred as the Claim):

  • about EUR 49.42 million (according to EUR / RUB exchange rate on 2 April 2015) claim to OAO „Russkij karavaj“ (hereinafter referred as RK), company registered in Russian Federation, currently in bankruptcy proceedings, claim is secured by mortgage of 9,702 sq. m. in multifunctional building in Moscow (total area of building 21,498 sq. m.);
  • about EUR 15,14 million claim to UAB „Turto valdymo strategija“, company registered in Republic of Lithuania, currently in bankruptcy proceedings, company owns 99,04% of shares in RK.

Binding bids of potential buyers to acquire creditors’ claims are to be submitted by 24 April 2015, 17:00 Lithuanian time.

More detailed information about the Claim and sale process can be downloaded in Lithuanian  or  Russian .