Interpipe has concluded an agreement with Ukrgazbank to borrow 37 million euros.
The loan will amount to 30 million euros for 5 years, while the renewable loan of 7 million will be provided for 3 years.
“Intrepipe has attracted the first loan after the restructure of its debt in October 2019. The loan is intended to ease the debt burden of the company”, the company CFO Denis Morozov has said. (Ukrainian metal)