Russian Steelmaker Appeals To Putin To Help It Avoid Default (Nasdaq)
Story date: 2007-10-31 07:55:21
Added on: 2007-10-31 10:00:23
MOSCOW -(Dow Jones)- Maxi-Group, one of Russia's largest processors of steel scrap, has appealed to President Vladimir Putin and local politicians to help it stave off a looming default, after creditors refused to refinance part of its 34-billion-ruble ($1.38 billion) debt burden.
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