Ukraine: Zaporizhstal to borrow $18 million
Zaporizhstal held an extraordinary meeting of shareholders. The only issue discussed was the borrowing of $18 million from the state-owned Ukrgazbank. The shareholders voted to authorize the CEO of the company Rostislav Shurma to sign a loan agreement with the bank for 5 years with the interest rate of 7%. Zaporizhstal will pledge its assets…