Mechel gets repayment break with restructuring deal

Russian mining and metals firm Mechel has negotiated a year’s repayment holiday on $1bn of remaining debt from a September 2010 loan by signing a debt restructuring deal with lenders.

  • 06 Dec 2012

The restructuring was co-ordinated by ABN Amro, ING, Société Générale and its Russian subsidiary Rosbank and UniCredit.

BNP Paribas, Caterpillar Financial Services, Commerzbank, Industrial and Commercial Bank of China (ICBC), Natixis and VTB also joined the bank syndicate.

Mechel will begin repaying the loan debt after a year’s ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%