In 2014 "Metalloinvest" reduces its net debt by 23%.
Edited by Rhod Mackenzie / 2015-03-18 07:37:38
At the end of the reporting period the share of long-term borrowings decreased to 86.4% compared to 96.8% on December 31, 2013 in connection with the forthcoming offer on rouble bonds in March 2015.
The net debt of "HC "Metalloinvest", the largest iron ore producer in Europe and the CIS in 2014, under IFRS decreased by 23.1% - up to 4.185 billion dollars, the company informs.
