Gazprombank assists Mechel, buying the company’s debt from Sberbank
Edited by Rhod Mackenzie / 2016-04-18 02:18:42
Sberbank has partially given Mechel’s debt at 31.5 billion roubles to Gazprombank. Sberbank stated about it on April 15, 2016. The deal was clinched on April 14, 2016.
Sberbank expects full redemption of debt from Mechel in accordance with the confirmed terms of restructuring.
Gazprombank takes active part in the life of Mechel.
