Vladimir Potanin’s Interros has raised $2 billion from Sberbank to repay its 2008 state rescue package, becoming the second co-owner in metals giant Norilsk to secure government refinancing.
Last month, Sberbank also agreed to take part in a $4.5 billion refinancing with Potanin’s rival, Norilsk co-owner Oleg Deripaska, by sharing risks with state banking agent Vneshekonombank, which had initially lent the money to Deripaska.
(Reuters)