The following news item appeared in the international steel industry press.
Title: Metinvest secures ECA-covered loan for Ilyich Steel capacity expansion
Date: Thu, 19 Jul 2018 06:54:31 GMT
Report: Metinvest, the vertically integrated steel and mining group of companies, has secured a seven-year repayment buyer credit facility of some EUR43.2 million for its subsidiary Ilyich Steel, a steelmaking plant based in Mariupol, Ukraine. This facility is covered by an Austrian export guarantee issued by Oesterreichische Kontrollbank Aktiengesellschaft (OeKB), Raiffeisen Bank International AG acted as a sole lender.
Keywords: steel, metinvest, facility, ilyich
Source: Metinvest, Mariupol, Ukraine.
Press release: see full report.
Related: For further information about Metinvest see history of Metinvest page.
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