The arbitration will satisfy the claim of the savings Bank to the structure of “Mechel”

The arbitration will satisfy the claim of the savings Bank to the structure of “Mechel”

The arbitration has decided to collect from open company “Mechel-Trance” more than 95 million rubles to Sberbank.

MOSCOW, 6 Nov. The Moscow arbitration court under the claim of Sberbank decided to collect from open company “Mechel-TRANS”, a subsidiary of “Mechel”, more than 95 million rubles, the correspondent from a court hall.

Russia’s largest Bank filed a claim to the defendant as the guarantor for other companies of the group Mechel — Bratsk Ferroalloy plant — credit agreement dated October 14, 2010. The court satisfied the claim in full, paying more than 72 million rubles of the principal debt, plus interest and a penalty.

The arbitration of the Irkutsk region in late September to collect the debt under the same credit agreement in the amount of 95 million rubles from BSF of the borrower and other guarantor — the head of JSC “Mechel”. The decision challenged in the appeal and has also not entered into force.

Sberbank is the third and most uncompromising of the largest creditors of “Mechel”. With the other two — Gazprombank and VTB — metallurgical company have already agreed on debt restructuring.

Debt “Mechel” before Gazprombank at the end of June was approximately $ 2.3 billion, before the VTB — $ 1.8 billion before savings — $ 1.3 billion. Total debt of “Mechel”, according to the company, on September 1, 2015 amounted to $ 6,313 billion. The main owner of the company Igor Zyuzin on 29 October said that “Mechel” has improved relations with creditors and was able to reduce its debt burden due to the devaluation of the ruble.

“Mechel” — one of the world’s leading companies in the mining and metallurgical industries. It includes over 20 industrial enterprises — producers of coal, iron ore, steel, rolled products, ferroalloys, heat and electric energy.