UPDATE: Debt-Laden Russia Steel Group Appeals To Putin For Aid (Nasdaq)
Story date: 2007-10-31 08:53:51
Added on: 2007-10-31 10:00:22
MOSCOW -(Dow Jones)- Maxi-Group, one of Russia's largest processors of steel scrap, appealed to President Vladimir Putin and local politicians Wednesday 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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