20
Jul
14:25
Metinvest secures funding for new slab caster
Metinvest has secured a seven-year repayment buyer credit facility of €43.2 million ($50.6m) to finance the construction of Ilyich Steel’s continuous casting machine (CCM) no.4, Kallanish learns from the Ukrainian steelmaker.
This facility is covered by an Austrian export guarantee issued by Oesterreichische Kontrollbank Aktiengesellschaft (OeKB). Raiffeisen Bank International AG acted as the sole lender. The facility matures in September 2025.
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