UC Rusal should persuade only RBS

According to the Reuters, UC Rusal should agree on the refinancing of its debt to conglomerate of banks conglomerate with only one more creditor - Royal Bank of Scotland.

According to the report, managers of UC Rusal have managed to come to an agreement with the Bank Portigon after statement about an appeal to courts of England and Jersey with a scheme of judicial restructuring to carry out the refinancing.

Then UC Rusal reported that the company had managed to make significant progress in obtaining the approval of creditors to change the terms of pre-export loans. At the end of June, the company’s press centre reported that the agreement to refinance the debt was given by banks, which provide 94% percent of the whole amount.