Alrosa has taken a 600-day loan worth $1.59 billion from VTB, in order to pay off its short-term debt for 2008. These expenses include payments to creditors and altering the company’s credit to meet long-term obligations in a timely and effective manner by the end of the current year. %% Prior to the loan option, the company had tried its hand at issuing Eurobond scheduled for placement in November 2008, but the market slowdown did not allow for this. %% The support from VBT comes as the country has decided to put in action a $200 billion programme to resolve the financial crisis, in which VBT is an active participant.