In H2 2017 Raspadskaya will clear $170-180 million of its debt and could ponder the long-term clearing during the year on the background of high coal prices.
“We want to clear some $180 million of Raspadskaya debt. If there is enough free money, we could clear it quicker”, the company CEO Sergey Stepanov said.
As of December 31, 2016 Raspadskaya debt totaled $399 million. (Ukrainian metal)