Mechel Uses 38% Of Stock As Collateral
Mechel Open Joint Stock Co.'s (NYSE: MTL) majority owner Igor Zyuzin used nearly 38% of company stock as collateral to borrow funds. Shares of the mining and steel company gained 83 cents to close at $8.51.
Mechel Open Joint Stock Co.'s (NYSE: MTL) majority owner Igor Zyuzin used nearly 38% of company stock as collateral to borrow funds. Shares of the mining and steel company gained 83 cents to close at $8.51.