KM Financial Solutions | UPDATE 1-Mechel gets backing from 70 pct of creditors to restructure $1bln loan- sources
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UPDATE 1-Mechel gets backing from 70 pct of creditors to restructure $1bln loan- sources

UPDATE 1-Mechel gets backing from 70 pct of creditors to restructure $1bln loan- sources

MOSCOW, Dec 22 (Reuters) – Metals and mining company Mechel
has secured the backing of around 70 percent of
creditors for a restructuring of its $1 billion syndicated loan,
two sources familiar with the situation said.

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