METALLOINVEST PAYS OFF 7-BLN RUBLE SBERBANK LOAN

摘要

Alisher Usmanov's Metal-loinvest iron and steel holding paid off a loan of 6.953 billion rubles to Sberbank in September, as planned, the company said in a statement. The holding used its members' own funds to repay the loan. "The company is honoring all commitments to its creditors when due. We have all the necessary resources for this and will continue to repay all funds stricdy on schedule," said Eduard Potapov, CFO.