KIEV, Nov 25 (Reuters) - Ukraine's acting finance minister said on Wednesday there was no risk of a cross-default between the state railway's syndicated loan, part of which it failed to repay, and its state-guaranteed Deutsche Bank loan.
"Unfortunately information is spreading now that there is a risk of a cross-default with the state guaranteed Deutsche Bank credit. That is not true," Acting Finance Minister Ihor Umansky told Reuters.
The state railway firm failed to repay a portion of the $440 million left of a syndicated loan earlier this month. Media have said the Deutsche Bank loan is worth $700 million. (Editing by Mike Peacock) ((Kiev bureau; tel: +380 44 244 9150; RM: sabina.zawadzki.reuters.com@reuters.net))