Interpipe is conducting negotiations with its creditors on restructuring its $1.25 billion debts.
“The negotiations are underway. We have officially stated our suggestions on restructuring. Our creditors are thinking. They are gathering together and discussing our offers”, the company CFO Denis Morozov said on the sidelines of InnoTrans-2018 in Germany.
He noted that there were no time frames to make the decision. (Ukrainian metal)