Agreement of Mechel with VTB on debt restructuring is in force
Edited by Rhod Mackenzie / 2015-10-13 12:08:17
Mechel has fulfilled all conditions precedent under the agreement with VTB Bank to restructure the company's debt to the bank, a representative of the company reports.
"Mechel has fulfilled all conditions precedent, stipulated by loan agreements with VTB, and the restructuring of the Mechel’s debt to VTB Bank entered into force, "- said the source, added that the agreement between the parties came into effect on October 13.
