31st Oct 2016 16:29
31 October 2016
Petropavlovsk PLC
Refinancing update
Petropavlovsk PLC ("Petropavlovsk" or the "Company" or, together with its subsidiaries, the "Group") today issues a further update on its discussions with the Group's Russian lenders.
As foreseen in our earlier announcement at 07:00 today, Petropavlovsk has pleasure in announcing that the necessary documentation with VTB has now been signed and the Conditions Precedent satisfied.
As stated this morning, the Company expects to be in a position to confirm details of the refinancing shortly.
ENQUIRIES
Petropavlovsk PLC | |
Alya Samokhvalova | +44 (0) 20 7201 8900 |
Grace Hanratty | |
Maitland | |
Neil Bennett James Isola | +44 (0) 20 7379 5151 |
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