Metinvest Secures USD 100 Million Pre-Export Credit Facility
OREANDA-NEWS. April 13, 2011. Metinvest B.V.(“the Company”), a parent company of the international vertically integrated mining and steel group of companies, today announced that it has entered into a USD 100 million 3-year pre-export credit facility arranged by UniCredit.
The credit facility will be used for working capital purposes and investment project financing, in line with the Company’s long-term strategy.
Metinvest is an international vertically integrated mining and steel company owning 24 assets in Ukraine, Europe and the United States and managing each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and other value-added products.
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