Mechel PAO reports early repayment of its obligations to VTB Bank regarding its dollar-denominated loan. Southern Kuzbass Coal Company, which is part of Mechel Group's mining segment, acted as the debtor on this loan. As part of the restructuring conducted in 2020, the outstanding RUB 341 million amount on this loan was scheduled to be repaid by the end of April 2022.

In early February, Southern Kuzbass Coal Company repaid the outstanding amount on this loan in full ahead of schedule. As a result, part of the collateral pledged to VTB Bank will be released.