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Metalloinvest opens new lines of credit for debt refinancing

Press Releases

Metalloinvest (the "Company"), a leading manufacturer and supplier of iron ore products and hot briquetted iron in the world market, one of the regional producers of high-quality steel, announces the opening of two new credit lines for a total amount of 20 billion rubles.

As part of the implementation of the loan portfolio management strategy, the Company entered into new agreements with Gazprombank and Sberbank, in accordance with which it is opened in each bank. As part of the implementation of the loan portfolio management strategy, the Company entered into new agreements with Gazprombank and Sberbank, in accordance with which each bank has a long-term credit line in the amount of 10 billion rubles. The terms of the lines provide for the repayment of debt in 2026

The credit lines are planned to be used for partial refinancing and improving the parameters of the Company's borrowing portfolio.

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