The general director of "Mechel" to expect imminent signing of an agreement with Sberbank on its debts.
Edited by Rhod Mackenzie / 2015-12-17 07:05:40
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"Mechel" is located at the finish line on an agreement with one of its lenders - Sberbank, said CEO Oleg Korzhov as part of a conference call on financial results for the first nine months of 2015.
"At the moment we are at the finish line on restructuring debt to Sberbank, we are also actively discussing the entry of banks-partners in the project of developing of the Elga deposit, which will allow the Group to significantly reduce its debt burden." - Said Korzhov.
