Mechel, Vnesheconombank Sign Agreement for First Tranche of Financing for Elga Coal Complex
October 24, 2013 at 05:57 AM EDT
Mechel OAO (NYSE: MTL ) announces that an agreement between Vnesheconombank and Mechel on allocating the first tranche of the project financing for Elga Coal Complex's first stage totalling 2.5 billion US dollars, was signed in the presence of the Russian Federation's Prime Minister Dmitry Medvedev. The agreement for the