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Rusal Says Not Seeking to Skip Interest Payments on Bank Loans

Thursday, Dec 15, 2011
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 United Co. Rusal, the world’s biggest aluminum maker, hasn’t asked banks to allow it to skip interest payments on loans next year, the company’s press service said by e-mail, denying a report today in Vedomosti.

 
 
Rusal has requested lenders temporarily waive covenants on a $4.75 billion pre-export finance loan it signed Sept. 29, a person with direct knowledge of the deal said on Dec. 6.

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