News: Mechel OAO (MTL)

MTL on New York Consolidated

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4 Aug 2015
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Wed, Jul 1 2015

UPDATE 1-Russia's VTB says Mechel has made overdue loan repayments as agreed

MOSCOW, July 1 - Russian bank VTB said on Wednesday that miner Mechel had made all overdue loan repayments as agreed in a preliminary debt restructuring deal between the two companies.

Russia's VTB says Mechel has made overdue loan repayments as agreed

MOSCOW, July 1 - Russian bank VTB said on Wednesday that miner Mechel had made all overdue loan repayments as agreed in a debt restructuring deal between the two companies.

Russia's Sberbank plans bankruptcy claims against Mechel subsidiaries

MOSCOW, July 1 - Russian state lender Sberbank intends to begin bankruptcy proceedings against three subsidiaries of indebted miner Mechel, a bank official said on Wednesday.

UPDATE 1-Russia's Mechel narrows Q1 net loss, continues talks on debt

MOSCOW, June 23 - Rouble weakness allowed indebted coal miner Mechel to narrow a first-quarter net loss and reach debt restructuring agreements with the two out of three major creditors, the company said on Tuesday.

Russia's Mechel narrows Q1 net loss to $273 mln

MOSCOW, June 23 - Indebted Russian miner Mechel narrowed its net loss in the first quarter to $273 million from a net loss of $585 million in the same period a year ago thanks to the rouble weakening, the company said on Tuesday.

Russia's Mechel Q1 steel output up 7 pct y/y, coal output down

MOSCOW, June 23 - Russian coal and steel producer Mechel said on Tuesday its crude steel output rose 7 percent, while coal production fell 1 percent year-on-year in the first quarter of 2015.

Russia's VTB says Mechel has agreed to debt restructuring terms

ST PETERSBURG, Russia, June 18 - Russia's second-largest bank by assets, VTB, said on Thursday that heavily indebted miner Mechel has agreed to the bank's terms for refinancing its debt.

UPDATE 1-Russia's VTB says reaches preliminary deal with indebted miner Mechel

ST PETERSBURG, Russia, June 5 - Russian lender VTB has reached a preliminary agreement with mining company Mechel on restructuring its debt and is ready to postpone some of the company's debt repayments until 2018-2019, Chief Executive Andrey Kostin said on Friday.

Russia's VTB reaches preliminary deal with Mechel - Kostin

ST PETERSBURG, Russia, June 5 - Russian lender VTB has reached a preliminary agreement with mining company Mechel on its debt restructuring and is ready to postpone Mechel's debt until 2018-2019 with some conditions attached, Chief Executive Andrey Kostin said on Friday.

REFILE-BRIEF-Sberbank files lawsuit for bankruptcy of two Mechel units

* Sberbank has filed a lawsuit for bankruptcy of two Mechel units, Korshunovskiy GOK and Yakutugol, Sberbank representative told Reuters without giving any details

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