German chancellor suggests exerting diplomatic pressure on North KoreaWorld August 23, 17:01
Russian Defense Ministry orbits satellite for inspecting military space apparatusMilitary & Defense August 23, 16:59
Israel supports Russia’s participation in Sobibor memorial project in PolandWorld August 23, 16:35
Indonesia clinches delivery contract for Russian Su-35 fighter jetsMilitary & Defense August 23, 16:25
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Court slaps house arrest on stage director Serebrennikov accused of embezzling $1.1mlnSociety & Culture August 23, 16:04
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Outgoing US ambassador Tefft reveals ups and downs as top envoy to MoscowWorld August 23, 15:55
Russian rotocraft maker starts assembling military version of Mi-38 helicopterMilitary & Defense August 23, 14:53
The credit agreement includes a $400 million prepayment. The credit is provided at LIBOR plus 4.95% and must be redeemed before the end of 2016.
As of April 31, stakes of another 10 RUSAL were used as collateral to secure credits.
RUSAL has frozen payments on $5.15 billion worth of syndicated loans from April 8 till July 7. The creditors agreed not to take any action against any company of the RUSAL group not to trigger a default under the initial loan agreement.
RUSAL’s net debt amounts to more than $10 billion as of April 1.