O. Deripaska: UC Rusal to pay off its debts with the dividends from Norilsk Nickel
Edited by Rhod Mackenzie / 2013-03-19 05:04:54
UC Rusal will be able to maintain its debts within the coming 4.5 years on the account of the dividends it plans to receive from Norilsk Nickel, O. Deripaska toldthe Financial Times.
These words underline the importance for the financial position of UC Rusal of the agreement between O. Deripaska and V. Potanin that ended the 4-year conflict of the businessmen. R. Abramovich was the intermediary in December, is reported. The agreement made V. Potanin the executive director of Norilsk Nickel but also led the way to larger payments of dividends to the company in which UC Rusal holds 27.8%.