RUSSIAN PRESS ON THE METALS & MINING SECTOR FOR NOVEMBER 5

摘要

Oleg Deripaska's En+ Group is trying to change the terms of a loan from Alfa Bank. The Moscow Arbitration Court received a lawsuit from En+ Group against Alfa Bank on Tuesday, the court said. An En+ representative declined to give more details. En+ is negotiating the restructuring of its debts amounting to about 1 billion dollars with a number of banks, but no agreement has yet been signed, one of the reasons being that the company's debts with Alfa Bank have not been settled, according to En+'s two creditors. En+ owes 120 million dollars to Alfa Bank, and the latter insists that En+ cannot even dispose of the shares of its key asset, UC Rusal ('Battle Again').