Fifth Varshavyanka submarine joins Russia’s NavyMilitary & Defense October 26, 12:11
Russian Baltic Fleet frigate arrives in Cuba on visitMilitary & Defense October 26, 11:57
Air Defense drills involving various aircraft kick off in four CIS statesMilitary & Defense October 26, 11:34
MP Savchenko arrives in Moscow to attend hearing on Ukrainian nationalistsWorld October 26, 11:03
Contact Group’s subgroup meetings kick off in MinskWorld October 26, 11:02
Bulgaria and Russia sign agreement to settle debt on Belene NPP project — ministerBusiness & Economy October 26, 10:38
Russia honored all commitments on S-300 supplies to Tehran — ambassadorWorld October 26, 9:04
Kyrgyz president signs decree on government’s resignationWorld October 26, 8:47
Display of rare impressionist masterpieces from Russian collector wows Parisian art loversSociety & Culture October 26, 8:46
RUSAL is trying to postpone the repayment of two syndicated loans, $4.75 billion and $400 million ones. The $4.75 billion loan must be redeemed in two tranches in 2016 and 2018, and the $400 million one in 2018.
In April, RUSAL agreed with the creditors on forbearance until July 7.
94% of creditors support the refinancing. According to the statement, the refinancing rules may be confirmed by courts if at least 75% of creditors agree on the changes.
The claims may be considered by the London’s High Court on July 10 and by the Royal Court of Jersey on July 15, the company said.