Severstal completes early repayment on $10M loan

Dec 08, 2009 | 11:02 AM | Scott Robertson

Mississippi got an early holiday gift of sorts when Russia's OAO Severstal made an early payoff to the state of a $10-million loan.

The loan, provided to Severstal for "infrastructure development" linked to the construction of a mini-mill in Columbus, Miss., was paid off four years ahead of schedule, Gov. Haley Barbour said in a letter to the state legislature.....

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