Evraz Group signs $800 million loan agreement with VEB

Monday, 15 December 2008 14:17:06 (GMT+3)   |  

Russian mining and steel producer Evraz Group has announced that it has signed an $800 million loan agreement with Russia's state-run corporation bank for development and foreign economic affairs, Vnesheconombank (VEB), in order to refinance the company's short-term debts.

As SteelOrbis previously reported, on November 27 VTB and Evraz signed a loan deal for $1.01 billion.


Tags: Russia CIS 

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