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06 Sep
19:51

EBRD mulls financing ArcelorMittal Kryvyi Rih's capital investments

The European Bank for Reconstruction and Development (EBRD) is considering arranging a syndicated loan to finance Ukrainian steelmaker ArcelorMittal Kryvyi Rih's (AMKR) investments at its steelworks. "The proposed facility will support part of a $1.1 billion investment programme by ArcelorMittal at its Ukrainian subsidiary AMKR. The proceeds from the EBRD loan will be allocated towards capex focusing on improvement of competitiveness, energy efficiency …
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