UPDATE: Rusal signs standstill, focus shifts to restructuring plan

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UPDATE: Rusal signs standstill, focus shifts to restructuring plan

Russian aluminium company Rusal has signed a standstill agreement with its domestic and international lenders, giving it two months to restructure its debt, which the company puts at $14bn. Roughly half of that is held by foreign lenders, it emerged on Friday after Rusal disclosed further details surrounding the restructuring.

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