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Ukraine’s Metinvest Gets $850M Loan

Metinvest Group, Ukraine’s biggest steel maker, has secured a syndicated loan worth $850 million to replace two existing debts.

Metinvest Group, Ukraine’s biggest steel maker, has secured a syndicated loan worth $850 million to replace two existing debts, Bloomberg reports. The new loan is scheduled to mature in 2016.

Six international financial organizations, including ING Bank, Natixis, UniCredit Bank, WestLB and BNP Paribas, are lead arrangers of the loan. The coordinator of the syndicated loan is Deutsche Bank, adds Ukrainian News Agency.

Click here for the story from Bloomberg.

Click here for additional coverage from Ukrainian News Agency.

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