Alrosa faces VTB credit payments of 900 mln dollars in Oct-Dec

摘要

Alrosa, Russia's diamond monopoly, is due to pay off a combined 900 million dollars worth of VTB credit lines in the fourth quarter of this year, the company's Eurobond prospectus says. A VTB credit line of 300 million dollars opened this past January for debt-refinancing and padding out working funds falls due this month. And another credit line of 600 dollars - also taken out in January for debt-refinancing - is due to be repaid in December.