NLMK Group, the international metals company, reports the change in the conditions of the existing revolving credit line in the amount of 250 million euros. The cost of funding will now be linked to indicators of sustainable development, which will be conducted by the Agency Sustainalytics engaged in the research and drafting of ESG ratings in environmental and social performance, and corporate governance. The change in ESG ratings lead to changes in the cost of funding. Coordinator of the line of credit was made by ING, agent, UniCredit.

"Attracting this type of financing confirms our commitment to the sustainable development strategy. The company's performance in this area received high ratings from independent rating agencies and show a positive trend," – commented the President of NLMK Group Grigory Fedorishin.

"Sustainable development is one of our core values. A key priority ING – assisting our clients on the path to sustainable development. ING Bank was proud to support NLMK in this way, and would be happy to continue to provide such support in the future," commented Maarten Koning, global head of structured commodity Finance at ING.

Antonio Keglevich, Director of practice on sustainable financing of UniCredit, commented: "Linking sustainability indicators of the company to the terms of the credit line, NLMK sets market standards for iron and steel companies in Russia and abroad. We are proud that UniCredit was invited to take part in this important transaction."

about the company

NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.

NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.

the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.

NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for the year 2018 amounted to $ 12 billion, EBITDA – $ 3.6 billion. The ratio of Net Debt/EBITDA of 0.25 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).

Ordinary shares of JSC "NLMK", the free float is 19%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.

read More of stockholders ' equity NLMK can be found at the link.

Download photos and corporate video NLMK Group in Mediobanca the link.

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