Mechel Group extended credit lines granted of Raiffeisenbank

Mechel Group reported extending maturity of credit lines granted by Raiffeisenbank, totaling $30 million.

Mechel’s subsidiary Yakutugol signed an agreement with Raiffeisenbank for extending the maturity of active credit lines totaling $30 million until February 2016. According to the agreement, the outstanding debt will be converted into Russian rubles, pledges remain unchanged.