09
Mar
13:37
Marcegaglia negotiates new loan from bank consortium
Italy-based steelmaker Marcegaglia has obtained a seven-year loan to the value of €492.5 million ($540.2m) from a consortium of twelve banks, the company tells Kallanish.
The loan exceeds the sum of €450m requested by the steelmaker, and will be provided by Intesa Sanpaolo, Unicredit, Banco Popolare, MPS, BNP Paribas, BPER, BPM, GE Capital, Cariparma, Carige, BPVicenza and BPSondrio. Banca Imi and Unicredit participated in the negotiation as agent bank…
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Anonymous
Very good overview of the weekly steel market.
Anonymous