27
Mar
17:00
Metinvest completes debt restructuring
Ukraine's mining and steel major Metinvest has completed its restructuring of debt in default, enabling it to extend debt maturities by five years and provide cash flow flexibility.
"The agreements reached set forth a repayment schedule that allows Metinvest to pursue its production and investment objectives in the next five years, while increasing business profitability," Metinvest says in a statement seen by Kallanish.
The restructuring involv…
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Anonymous
Very good overview of the weekly steel market.
Anonymous