UC Rusal to early pay $1.5 billion of loans in 2015
UC Rusal may pay off early $1.5 billion of debt in the case of the dollar and aluminum prices will remaining stable. This was reported to the Vedomosti by the company’s director of finance Alexandra Bouriko, who told reporters that with the current macroeconomic indicators the company's EBITDA would be at the level of $2 billion in 2015.
In the first nine months of 2014, the net profit of UC Rusal made up $210 million as compared with the normalized net loss in the amount of $288 million in the same period of the previous year. The company's financial position improved significantly this year due to the increase of the world aluminum prices. From the beginning of the year, the cost of "winged metal" increased by about 20% against the background of the decline in its production and growth in its consumption from the automotive industry.