Chelyabinsk metallurgical plant issued loans for almost 8 bln roubles to Mechel
Edited by Rhod Mackenzie / 2015-10-28 01:36:10
Finance Metals and mining Russia Chelyabinsk Pipe Plant (ChTPZ) Mechel Russia Metals and Mining Steel
The Chelyabinsk metallurgical plant PJSC issued 8 loans to the head office of Mechel.
All deals were held yesterday on October 27th.
The total volume of the deals is 7.7 bln roubles, 1.1 bln roubles each.
The period of execution of obligations by the deal is until April 6th 2020.
The amount of each deal is 1.04% of the value of assets of the Chelyabinsk metallurgical plant, is reported.
Mechel will use funds for financing.
