"UC Rusal" discusses a change of credit terms with Sberbank.
Edited by Rhod Mackenzie / 2015-04-07 06:56:50
Negotiations between "UC Rusal" and Sberbank were in the background mode most of the time, but intensified after improving the economic performance of the aluminum company at the end of last year.
"UC Rusal" and Sberbank are in talks to revise the terms of the loan for $ 4.6 billion, issued in September 2010, "the Vedomosti" informs, citing sources.
One of the interviewees stated that the company wanted to "improve the conditions of the loan". Two more state that "Rusal" requests the rate on the loan and the terms of repayment should be revisited. However, the fourth adds that "currently they are not talking about commutation loan parameters".
