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

Mechel misses $2.1bn target but more on way

Struggling Russian coal producer Mechel failed to reach its $2.1bn target for a new three and five year pre-export finance loan, instead signing a facility of $2bn on Monday. The company is also in talks with banks for another loan of up to $900m for the company’s coal producing unit, Southern Kuzbass. The subsidiary received board approval for the facility.

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