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- Lenders support RUSAL in the situation with Alfa-Bank
Press-releases
- Main
- Press-center
- Press-releases
- Lenders support RUSAL in the situation with Alfa-Bank
Lenders support RUSAL in the situation with Alfa-Bank
Following the consultations RUSAL made the decision to settle the debt of USD 85.9 mln to Alfa-Bank, which means that RUSAL has completely fulfilled its current obligations to this lender in accordance with the existing creditors’ agreements.
Alfa-Bank now has no reason to continue its legal proceedings against RUSAL. Therefore, the key issue slowing down the completion of the restructuring process has been resolved.
About RUSAL
RUSAL (www.rusal.com) is the global leader in the aluminium industry and accounts for approximately 12% and 15% of the global production of aluminium and alumina respectively. RUSAL sells its products in 70 countries worldwide and employs 90,000 people in 19 countries across five continents.
To learn more about aluminium please visit http://www.aluminiumleader.com