Rusal may agree on extension of credit VEB next week
September 30, 2009 – 10:56 pmUC RUSAL expects next week’s Bank’s decision on the extension of the aluminum giant debt to the bank. , Told reporters on the sidelines of an investment forum VTB Capital general director of Rusal, Oleg Deripaska.
Chapter Rusal also said that work on restructuring the company’s debt to foreign creditors is moving well, the West Bank has approved a restructuring plan.
Recall that the total amount of debt Rusal is now about $16 billion Thus the debt of the company to foreign banks is estimated at $7.3 billion, and currently Rusal is actively negotiating on its restructuring.
In November 2008, Rusal has received state aid from the Bank’s (EBV) in the amount of $4.5 billion to cover foreign debts.
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