Russia’s Sberbank in talks with Rusal on debt restructuring
Russian state lender Sberbank is negotiating with loss-making aluminium group Rusal on a debt restructuring deal to help the company two banking sources told Reuters on Friday.
“The model has been broadly agreed… We cannot afford the world’s largest producer to fail,” one of the sources said.
Read more at: http://www.reuters.com/article/2014/01/24/sberbank-rusal-debt-idUSL5N0KY13V20140124
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