Situation on the aluminium market doesn’t allow Rusal to significantly decrease its debt burden that is negatively interpreted by players
Edited by Anonymous / 2013-12-17 08:17:16
UC Rusal has signed an agreement with VTB Capital on setting of credit ceiling to the total amount of up to 15 billion rubles, the aluminium producer’s press centre reported.
This agreement includes a limit in the amount of up to 10.143 billion rubles, which corresponds to the amount of previously paid loan (this amount was paid off by UC Rusal on November 26 of 2013 in accordance with contracts, signed in 2008) and additional limit in the amount of up to 4.857 billion rubles. The period of the credit ceiling is 60 months.