"Mechel" does not offer VTB to convert the debt into shares.

Spokesman of VTB stated the bank had not received offers from Rothschild Group, similar to the proposal made to Sberbank.

VTB had not received from the consultant of "Mechel" Rothschild Group offers to convert the debt into shares, as well as to participate in the management of the company, spokesman of the bank told RIA Novosti.

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