OREANDA-NEWS. March 25, 2010. On March 31, PIK Group BoD is to contemplate attracting additional funds for the debt restructure, and is considering an SPO as one of possible money sources, Kommersant newspaper reported.

PIK Group has not yet defined either the volume or dates of the offering. Meanwhile, the SPO size is projected at USD 500 million, of which about USD 270 million are to be used to reschedule the developer’s debt to Nomos Bank, and the rest of the funds should be allotted to business development.