Dow Jones received a payment from EQS/DGAP to publish this press release.
Metalloinvest Finance Designated Activity Company / Miscellaneous - High
Priority
Metalloinvest announces increase of credit line limit to USD 200 mn under
loan agreement with ING BANK
27-Apr-2017 / 08:33 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS,
LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Moscow, Russia - 27 April 2017* - Metalloinvest ('the Company'), a leading
global iron ore and HBI producer and supplier, and one of the regional
producers of high-quality steel, today announces the signing of an
additional loan agreement with ING BANK (EURASIA) ('the Bank').
According to the terms of the agreement, the Bank has increased the limit of
the two-year committed revolving credit line from USD 150 mn to USD 200 mn.
The increase of the credit line provides the Company with additional
committed liquidity sources.
# # # #
_For more information, please contact: _
*Artem Lavrischev*
_Director of Investor Relations and Corporate Ratings_
E: ir@metalloinvest.com
T: +7 (495) 981-55-55
Metalloinvest is a leading global iron ore and merchant HBI producer and
supplier, and one of the regional producers of high-quality steel. The
Company has the world's second-largest measured iron ore reserve base and is
one of the lowest-cost iron ore producers.
Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the major
beneficiary of USM Holdings (49%), with other major beneficiaries being the
companies of Vladimir Skoch (30%) and Farhad Moshiri (10%).
The EquityStory.RS, LLC Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: Metalloinvest Finance Designated Activity Company
28, Rublevskoye shosse
121609 Moscow
Russia
Phone: +7 (495) 981-5555
Fax: +7 (495) 981-9992
E-mail: ir@metalloinvest.com
Internet: http://www.metalloinvest.com/
ISIN: XS0918297382
WKN: B9HLRV8
Listed: Foreign Exchange(s) Dublin
Category Code: MSCH
TIDM: IRSH
Sequence No.: 4110
End of Announcement EquityStory.RS, LLC News Service
568045 27-Apr-2017
(END) Dow Jones Newswires
April 27, 2017 02:33 ET (06:33 GMT)
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