November 7, 2019 / 7:22 AM / 15 days ago

Russia's VTB buys miner Mechel's debt from Sberbank

MOSCOW, Nov 7 (Reuters) - Russian state bank VTB said on Thursday it had acquired steel and coal producer Mechel’s debt worth just under 50 billion roubles ($783 million) from lender Sberbank. ($1 = 63.8600 roubles) (Reporting by Tatiana Voronova; writing by Tom Balmforth; editing by Maria Kiselyova)

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