Support The Moscow Times!

Mechel Raises $2Bln Loan

Coking coal and steel producer Mechel said Monday that it raised $2 billion via a syndicated pre-export facility to refinance existing obligations.

The funds have been divided into three-year and five-year tranches, with nine- and 15-month repayment grace periods, respectively.


Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.