Russian mining company Mechel OAO (MTL) has reached an agreement with its creditor Sberbank of Russia on covenant holidays on bilateral credit lines worth roughly RUB 44.9 billion ($1.36 billion) ...
announces reaching agreement on covenant holidays on bilateral credit lines from Sberbank of Russia amounting to 44.9 billion rubles (approximately 1.36 billion US dollars*) until the end of 2014. "We ...