Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Russian Railways seeks debt restructuring amid financial strain, pending central bank policy and a viable repayment plan.

flag Russian banks, including VTB, are willing to restructure up to 4 trillion roubles in debt for state-owned Russian Railways, provided the central bank maintains current reserve requirements. flag The railway company, the nation’s largest employer, faces severe financial strain due to high interest rates and mandated investments in unprofitable routes. flag While creditors support loan deferrals under existing 2025 rules, they oppose converting debt into shares due to regulatory and capital concerns. flag A viable three-year financial plan from Russian Railways is key to securing restructuring. flag The outcome depends on central bank policy and the company’s ability to demonstrate repayment capacity within three to five years.

3 Articles