Austrian finmin says expects offer for Heta creditors in Q4

September 3, 2015 3:25 PM

29 0

ALPBACH, Austria, Sept 3 Austria's finance minister expects creditors of failed bank Hypo Alpe Adria turned "bad bank" Heta to get an offer for their debt holdings in the last quarter of this year, he told Reuters on Thursday.

"We are currently finalising the different technical options and I expect that in September this will be more or less finished," Hans Joerg Schelling said in an interview.

Also read: Morgan Stanley positioned for Fed-fueled liftoff

Read more

To category page