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Metalloinvest opens a new line of credit to refinance debt

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 a new credit line with Gazprombank (hereinafter referred to as the Bank) in the amount of 5 billion RUB

As part of the implementation of the strategy for portfolio management, the Company entered into a new agreement with the Bank, in accordance with which a credit line was opened with maturity at the end of 2026.

The credit line will be used to partially refinance and improve the parameters of the Company's borrowing portfolio.

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