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Mechel refinances $1.2 billion VTB loan

The agreement signed on May 11 grants the company a grace period until April 2015

MOSCOW, May 15. /ITAR-TASS/. Igor Zyuzin’s Mechel has refinanced 40 billion rubles (about $1.2 billion) of the VTB loan, the mining and metals company’s spokesperson told ITAR-TASS.

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