International rating agency S&P Global Ratings (S&P) has revoked the long-term credit rating of Russian coking coal producer Koks, a part of Industrial Metallurgical Holding (IMH), at a request of the company, the agency said in a statement. At the time of revocation, the rating was B, and the outlook was Stable. (Prime/Ukrainian metal)
Koks has put into operation the second stage of the condensing power plant with the capacity of 12 MW. This brings the company total capacity to 24 MW, thus completely covering its electricity needs. With the expansion of the power plant the company will be able to annually save some 70 million rubles. Investments in…
Koks, a part of PMH, has set the final rate of the first coupon of the BO-05 5-year bonds with the volume of 5 billion rubles on the level of 9.2%. The sale was organized by Alfa-bank and Sberbank CIB. At present Koks has no ruble bonds in circulation. (Ukrainian metal)
The public joints stock company Koks has attracted a VTB loan of 10 billion rubles. According to the company statement, the term of the loan is 7 years. The interest rate will be set depending on the term. The maximum volume of the interest rate should not exceed 20%. Koks is controlled by the Industrial-Metallurgical…