UC Rusal wants to refinance loans of Russian banks in foreign ones

UC Rusal of Oleg Deripaska may apply to international lending institutions to refinance the loans, taken from the Russian state-owned banks, at a better rate, the general director of the aluminum giant Vladislav Soloviev said in an interview with the Bloomberg.

"International funding markets are not closed for us. This year, we will seek alternative sources of funding to possibly refinance the loans of Russian banks. However, this is not as easy as it was, because there are a number of common problems, associated with Russia,"- said Solovyov.