31 Oct 2016 16:29
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31 October 2016
Petropavlovsk PLC
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Refinancing update
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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.
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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.
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As stated this morning, the Company expects to be in a position to confirm details of the refinancing shortly.
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ENQUIRIES
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Petropavlovsk PLC | |
Alya Samokhvalovaย | +44ย (0)ย 20ย 7201ย 8900 |
Grace Hanratty | |
ย Maitland | |
Neil Bennett James Isola | +44ย (0)ย 20ย 7379 5151 |
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