VTB still talking to Mozambique over MAM loan payment -source

Russia’s VTB Bank is in talks with Mozambique state firm MAM over a late $178 million loan repayment and expects the government to honour a sovereign guarantee if it cannot pay, a source familiar with the matter said on Thursday. “In case of MAM default, VTB expects that the loan will be covered by Mozambique … Continue reading VTB still talking to Mozambique over MAM loan payment -source