Mechel’s Foreign Lenders Seek Collateral for Restructuring

Updated on
  • Miner in talks with banks to alter terms of $1 billion in debt
  • Needs state banks’ consent to boost assets held as security

Mechel PJSC’s foreign lenders are seeking more collateral before agreeing to restructure $1 billion of the Russian steel and coal producer’s debt.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.