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GISMETEO.RU
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Metinvest seeking to delay payment of $3 billion of maturing debt
Journal Staff Report

KIEV, May 25 – Metinvest, the largest Ukrainian mining and metal group, is holding negotiations on the possibility of postponing the fulfillment of its liabilities which expire up until January 2016 with its creditors, Metinvest Holding CEO Yuriy Ryzhenkov said.

"We ask our creditors to give us a chance of postponing the fulfillment of our liabilities for the whole debt of $3 billion, comprehend the situation at the company and give respite to us until January 31, 2016," he told reporters in Mariupol on Monday.




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