Mechel Mulls U.S. Bonds Plus Ruble Issue at Home

Mechel might sell ruble bonds this year to “optimize” its $7.3 billion of debt and is studying an offer of dollar notes by its Bluestone Coal unit in the United States. The company, the largest Russian producer of steelmaking coal, aims to borrow at lower rates and without the need for collateral for part of its debt, chief financial officer Stanislav Ploshchenko said in an interview this week. Mechel needs to repay more […]