Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

09/01 08:21   Results of forex trading on Moscow Exchange on August 31
 
09/01 05:00   Russia political and economic calendar: September 3
 
08/31 21:57   Ukrainian positions in Donbas shelled 12 times on Wednesday - headquarters
 
08/31 21:56   Ex-Federation Council member Popelnyukhov charged with embezzlement of 1 bln rub spent money on construction of plants in Venezuela - defense
 
08/31 21:46   DPR military accuses Kyiv of new shellings of Yasynuvata
 
08/31 21:39   All problems in Arctic can be solved by way of constructive dialogue - Russian Presidential Envoy Chilingarov
 
08/31 21:32   Rosoboronexport reports loss of over 1 bln rub due to fraud during construction of plants in Venezuela
 
08/31 20:40   Kosachyov calls elimination of ISIL 'spokesman' another step to victory over terrorists
 
08/31 20:28   Russian Paralympic Athletes applying individually to IPC to be cleared for Rio Games to appeal against possible rejections with CAS - Russian Paralympic Committee (Part 2)
 
08/31 20:19   Puchkov reaffirms to Italian ambassador Russia ready to help clean up quake's aftermath
 




 

Interfax.com  |  Interfax news  |  Rusal extends forbearance period on syndicated...


News headlines


July 02, 2014 13:00

Rusal extends forbearance period on syndicated loans until October 31

MOSCOW. July 2 (Interfax) - Russian aluminum company UC Rusal has frozen payments on syndicated loans of $4.75 billion and $400 million until October 31, 2014, the company said in a statement.

Rusal added that the forbearance included stopping all payments on existing loan agreements until new refinancing conditions enter into force. This could be prolonged until November 30, 2014.

The former system for freezing payments on the loans entered into force on April 8 and is set to expire on July 7.

It was reported that Rusal intends to reach agreements with all creditors to refinance syndicated loans. Rusal has said it planned to obtain a court ruling to secure the consent of all creditors to refinance the syndicated loans since two banks, which account for 6% of overall debt, refused to accept the new conditions of settlement - the Royal Bank of Scotland and Germany's Portigon. Portigon has, however, already agreed to refinance. This means that of the syndicate of 23 banks, just one has not confirmed the refinancing deal.

The hearings will take place on July 10 at the High Court in London and on July 15 in the Royal Court, Jersey.

Kh pr ak

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

September 01, 2016
 
05:00
 
August 31, 2016
 
21:57
Ukrainian positions in Donbas shelled 12 times on Wednesday - headquarters
 
21:56
Ex-Federation Council member Popelnyukhov charged with embezzlement of 1 bln rub spent money on construction of plants in Venezuela - defense
 
21:46
DPR military accuses Kyiv of new shellings of Yasynuvata
 
21:39
All problems in Arctic can be solved by way of constructive dialogue - Russian Presidential Envoy Chilingarov
 
21:32
Rosoboronexport reports loss of over 1 bln rub due to fraud during construction of plants in Venezuela
 
20:40
Kosachyov calls elimination of ISIL 'spokesman' another step to victory over terrorists
 
20:28
Russian Paralympic Athletes applying individually to IPC to be cleared for Rio Games to appeal against possible rejections with CAS - Russian Paralympic Committee (Part 2)
 
20:19
Puchkov reaffirms to Italian ambassador Russia ready to help clean up quake's aftermath
 
20:10
Russian stock market falls on Wed following oil, global markets
 
20:06
Abandoning of int'l standings deprives country of opportunity to become one of global leaders - Naryshkin
 
19:56
Ruble slightly changes against dollar on Wed, falls against euro
 
19:54
 
19:51
Only 2 of 12 Kyrgyz citizens killed in fire in Moscow stayed in Russia on legal grounds - Russian Prosecutor General's Office
 
 more headlines 



Interviews
 

.
NATO Secretary General Jens Stoltenberg has given an interview to Interfaxs correspondent Alexander Korzun ahead of the alliances summit in Warsaw due on July 8-9 in which he speaks about place of the Russian topic on the summits agenda and Russia-NATO relations in general.

more
.
.
Israeli Prime Minister Benjamin Netanyahu has given an interview to Interfax ahead of his visit to Russia in which he speaks about the influence that his personal relationship with Russian President Vladimir Putin have on the development of interstate ties, about Israels plans regarding new gas fields and said that Israel will into allow Syria to turn into a source of aggression. This will be Netanyahus third visit in under a year.

more
.
.
Indonesian Ambassador to Russia Wahid Supriyadi has given an interview with Interfax in which he speaks about the results of the Russia-ASEAN summit, prospects for achieving an agreement on oil production freeze in OPEC, Indonesian-Russian military and technological cooperation and the launch of direct air communication between Indonesia and Russia.

more

 
  
 ©   1991—2016   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100