27
Dec
12:44
Mechel agrees debt maturity extension with VTB
Mechel has agreed with VTB Bank to extend the maturity of the debt on its credit lines until 2022.
Last May Mechel secured at the second attempt the votes from minority shareholders required to approve transactions with lender banks needed to complete its debt restructuring (see Kallanish 1 June 2016).
“Signing of the agreements with VTB Bank means that similar conditions on debt repayment that we made with Gazprombank and Sberbank will now co…
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Anonymous
Very good overview of the weekly steel market.
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