Metalloinvest opens a new line of credit to refinance debt
Metalloinvest opens a new line of credit to refinance debt
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.