MOSCOW, March 6 (RIA Novosti) - Russian aluminum
giant RusAL has signed an agreement to delay by two months
payments of its debts to foreign banks, the company said on
Friday.
RusAL's debts currently stand at a total of $14 billion,
including $7.4 billion to international banks, the company
said.
The company said the agreement could later be extended for
another month. "The agreement was signed after the company's
talks with the banks on restructuring the debt and will allow
RusAL to ensure its liquidity."
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