MOSCOW/ZAGREB, April 25 Russia's largest lender
Sberbank is considering selling 1.1 billion euros
($1.20 billion) in loans it granted to indebted Croatian food
and retail group Agrokor, Sberbank's First Deputy
Chairman Maxim Poletayev said.
"We are also considering a possibility of selling Agrokor's
debt and are in talks with buyers on the international markets,"
Agrokor, Croatia's biggest private firm, piled up debts
worth some 45 billion kuna ($6.42 billion), or six times its
equity, during a rapid expansion in the region, according to the
latest available official data from last September.
Poletayev also said Sberbank, one of Agrokor's top lenders,
was ready to go to court to seek a suitable solution in
restructuring the company's debt.
($1 = 6.8524 kuna)
($1 = 0.9152 euros)
(Reporting by Kira Zavyalova in Moscow and Igor Ilic in Zagreb;
writing by Andrey Ostroukh; editing by Susan Thomas)