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Russia’s Sberbank confirms receiving part of Mechel’s debt

December 04, 2014, 16:57 UTC+3 MOSCOW
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MOSCOW, December 4 /TASS/. A representative for Sberbank confirmed Thursday the bank received $3.2 million from metals and mining group Mechel, a part of the company’s $27.9 million debt claimed by the bank, according to information obtained by PRIME from the Moscow Arbitration Court.

Previously, the court received documents confirming that Mechel repaid $8.1 million. Thus, the company has repaid over $11.1 million so far.

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