IN BRIEF: Russian bank wants USD288 million back from Petropavlovsk
Petropavlovsk PLC - London-based gold miner in Russia - Says Moscow-based Gazprombank, which is on the UK sanctions list, has sent a notice demanding the repayment of loans. Gazprombank wants immediate repayment of USD201.0 million due under Petropavlovsk's committed term facility agreement with the bank and repayment by Tuesday next week of UD87.1 million due under the company's Russian subsidiaries' revolving credit facilities. Read More