Articles by Yulia Fedorinova and Vasily Kudinov

Banks May Grant RusAl Low Restructuring Rate

United Company RusAl is in talks to restructure its $7.4 billion debt to foreign banks at no more than 6 or 7 percentage points over LIBOR, a more favorable rate than metals giants ArcelorMittal and Rio Tinto garnered for recent eurobonds.