Russias VTB agrees to join Mechel restructuring: source: By - TopicsExpress

Russias VTB agrees to join Mechel restructuring: source: By Douglas Busvine MOSCOW (Reuters) - Russian state-controlled bank VTB has agreed to join other creditors in restructuring mining group Mechels $9.6 billion debt, a source close to VTB said on Saturday. The coal-to-steel group, controlled by Igor Zyuzin, borrowed heavily to pay for acquisitions even after the 2008-2009 global... dlvr.it/4Ks95y

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