Sibur Becomes Amtel's Main Debtor
Sibur and a group of lenders represented by Alfa Group's investment division A1 have agreed to make Sibur the bankrupt Amtel's main debtor. “The group of lenders represented by A1 shall assign its rights of demand with regard to Amtel Group’s companies to Sibur,” an official statement released by Sibur reported. The deal is set to close before the end of June 2010.