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Kazakh Alliance to complete restructuring by Nov

Thu Jul 9, 2009 2:42am EDT

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ALMATY, July 9 (Reuters) - Kazakhstan's No.4 bank Alliance (ALLBq.L) will complete the process of its debt restructuring by November, it said on Thursday.

Alliance said this week it had agreed with its creditors to cut its debt by $2.5-3.0 billion through restructuring. (Writing by Olzhas Auyezov; Editing by Maria Golovnina)



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