Ukraine: Ferrexpo to increase loan of 2017

Ferrexpo Plc. can increase the size of the pre-export financing of 2017 from $195 million to $500 million, postponing the payment from 3 to 4 years. According to the draft decision of the extraordinary shareholders meeting of Poltava Mining and Processing Works scheduled for September 17, amendments will be made to the loan agreement of…

Russia: Sortstal going bankrupt

The Arbitrary court of Sverdlovsk region will consider the claim of Sortstal on being declared bankrupt. The court received the relevant document on August 24. According to it, the volume of claims is 49.87 million rubles. Sortstal was registered in 2004. Its main activities were wholesale of fuel, ore and chemical materials. (Ukrainian metal)