Sukhaya Balka intends to borrow $30 million from the state Oschadbank and will also act as a guarantor on the similar loan of Dneprovsky Iron and Steel Works.
These issues will be discussed at the annual shareholders meeting scheduled for April 11.
The loan will be provided for 36 months with the interest rate of 23% in UAH, 10% in US dollars and 8% in euro. (Ukrainian metal)