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Petropavlovsk in early talks to restructure Gazprombank debt

Russia-focused gold miner Petropavlovsk in early talks to restructure its debt with Gazprombank, after it was unable to make an interest payment due to western sanctions on the Russian bank.

Petropavlovsk in early talks to restructure Gazprombank debt Petropavlovsk in early talks to restructure Gazprombank debt Petropavlovsk in early talks to restructure Gazprombank debt Petropavlovsk in early talks to restructure Gazprombank debt Petropavlovsk in early talks to restructure Gazprombank debt

Gazprombank, which is part-owned by the Russian state-owned gas company Gazprom, has been the target of US and EU sanctions, preventing the London-listed Petropavlovsk from making an interest payment.