"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.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

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