Tag Archives: debt

AIBA squashes debt, achieves financial stability ahead of extensive reforms

[ad_1] Might twenty sixth, 2021 Lausanne, 26 Might 2021; The Worldwide Boxing Affiliation (AIBA) has paid in full its excellent $10 million USD debt to Azerbaijani firm Benkons LLC, which was the primary mortgage for the group and which had been on the coronary heart of a interval of economic instability. The mortgage had been […]

Boxing: Aiba says pays off $13 million debt, signs Gazprom as sponsor, Sport News & Top Stories

[ad_1] BERLIN (REUTERS) – The Worldwide Boxing Affiliation (Aiba) mentioned on Wednesday (Might 26) it had repaid a US$10 million (S$13.2 million) debt to Azeri firm Benkons LLC, with the governing physique attempting to revive its standing after years of economic irregularities and governance points. Aiba additionally introduced a brand new two-year sponsorship take care […]