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RUSSIA-RUSAL/DEBT
RTR3XLVR
8 Jul. 2014
Aluminium ingots are stored at the foundry shop of... more
RUSSIA-RUSAL/DEBT
RTR3XLVR
8 Jul. 2014
Krasnoyarsk, Russia
Aluminium ingots are stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in the Siberian city of Krasnoyarsk July 8, 2014. Russian aluminium giant Rusal has approval for a $3.6 billion debt restructuring deal from another of its creditors German financial services provider Portigon AG, two sources familiar with decision said. The move brings Rusal, the world's largest aluminium producer, a step closer to reaching a deal that will revise the terms of its syndicated debt, giving the company time to turn itself around after a slump in aluminium prices. REUTERS/Ilya Naymushin (RUSSIA - Tags: BUSINESS COMMODITIES INDUSTRIAL)
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