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02 Sep
01:00

Mechel restructures Gazprombank loans to boost investment projects

Mechel has signed agreements on restructuring its loans with Gazprombank totalling $1.4 billion and RUB 33.7 billion ($500 million), Kallanish learns from the company. Mechel’s key financial payments have coincided with “…the most serious slump commodity markets have seen in a decade”, says chairman of Mechel’s board of directors, Igor Zyuzin. “The restructuring enables us to bring our key investment projects to…
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