26
Jul
10:28
Metalloinvest repays $600 million loan ahead of schedule
Metalloinvest has repaid approximately $600 million of pre-export finance facilities ahead of the scheduled maturity dates in 2016-2018, as part of the optimisation of its loan portfolio, Kallanish learns from the steelmaker.
“In July 2016, the Company has redeemed its Eurobonds in the amount of $750m and repaid loans for a total amount of $600m ahead of schedule,” says Metalloinvest chief executive Andrey Varichev. “These repayments …
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Anonymous
Very good overview of the weekly steel market.
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