"UC Rusal" discusses a change of credit terms with Sberbank.

Negotiations between "UC Rusal" and Sberbank were in the background mode most of the time, but intensified after improving the economic performance of the aluminum company at the end of last year.

"UC Rusal" and Sberbank are in talks to revise the terms of the loan for $ 4.6 billion, issued in September 2010, "the Vedomosti" informs, citing sources.

One of the interviewees stated that the company wanted to "improve the conditions of the loan". Two more state that "Rusal" requests the rate on the loan and the terms of repayment should be revisited. However, the fourth adds that "currently they are not talking about commutation loan parameters".

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer