Sberbank is continuing debt restructuring talks with debt - restructuring mining group Mechel and its main creditors , despite the fact that the company has not paid anything to the bank for over a year . As of June 15th , Mechel 's debt was $ 6.772bn . On Monday , Mechel signed a debt - restructuring deal worth $ 1.4bn and $ 33.7bn ( $ 500 m ) with Gazprombank .
Sberbank is continuing debt restructuring talks with debt-ridden mining group Mechel and its main creditors, despite the fact that the company has not paid anything to the bank for over a year. As of June 15th, Mechel's debt was $6.772bn. On Monday, Mechel signed a debt-restructuring deal worth $1.4bn and RUB 33.7bn ($506.38m) with Gazprombank.