In 2016 "Mechel" does not expect to reduce debt.
Edited by Rhod Mackenzie / 2015-12-17 06:53:31
In 2016 "Mechel" does not expect a significant reduction in debt levels, CEO Oleg Korzhov stated during a conference call dedicated to the financial results of the company for 9 months of 2015.
"Expectations are small. Most likely, the debt will be at the same level. We are currently negotiating with the banks on the transfer of debt repayment to a more remote period", - Korzhov stated.
