A consortium of 7 international banks has provided Metalloinvest with a pre-export financing loan in the amount of 200 million euro.
The banks are Societe Generale, ING, Bank of China, Credit Agricole CIB, Deutsche Bank, Intesa Sanpaolo Bank and UniCredit Bank.
“The funds will be used to improve our loan portfolio, in particular optimize debt clearing terms, diversify foreign currency obligations and decrease interest payment”, the company said.
The loan has been provided for 6.5 years. (Ukrainian metal)