All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Plans in place for 2x Ebitda, says Mechel CFO

Digging out of a mountain is no easy feat. Russian mining and metals firm Mechel has its own mountain of around $9bn of debt — or nine times Ebitda — from which it is clawing an escape. Its approach has been to renegotiate terms with lenders and to sell assets, according to the firm's CFO, Stanislav Ploschenko.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree