Mechel reached agreement with creditor bank in court. The terms are kept secret
Edited by Rhod Mackenzie / 2015-09-15 07:46:41
Mechel reached an agreement on debt restructuring with the Eurasian Development Bank. Amicable agreement was reached in the Arbitration court of Yakutia.
The Eurasian Development Bank filed a suit with the Arbitration court on collecting 2 billion roubles from “Yakutugol”, part of “Mechel”. According to RIA “Novosti”, the terms of the agreement are not disclosed.
