The Ukrainian Metal

Ukraine: Ferrexpo attracts $195-million loan

Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, has attracted a 3-year $195-million loan.

The loan has been organized by BNP Paribas and issued by 6 international entities.

The loan has to be repaid by December 31, 2020.

In January-September Ferrexpo exported 7.526 million tons of pellets.

In 2016 the group received $189.2 million of net profit, up 6-fold, or by $157.7 million. (Ukrainian metal)

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