The maturity of the USD4.58 billion Sberbank facility (the debt initially owed to VEB and refinanced by Sberbank) was agreed to be extended from December 2013 to August 2016. Simultaneously, the interest rate was agreed to be reduced to one-year LIBOR+4.5% and the VEB guarantee was terminated. Looking at the key consumer segments, automotive remains a key driver of aluminum demand growth. Despite the decline of vehicle production in the US in the second quarter of 2011, an 8% growth in North America is expected for the full year. Similarly, increasing car production in Europe is forecasted by UC RUSAL at 5% for 2011, with the highest growth expected in Germany (9.5%) and Turkey (10%), according to UC RUSAL internal projections. Heavy trucks and trailers applications are maintaining record growth rates in North America and Europe. UC RUSAL believes that demand from other consuming segments, including aviation, electronics and packaging remains strong.