DJ Metalloinvest Finance Designated Activity Company: Metalloinvest opens a new credit line for refinancing purposes
Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest Finance Designated Activity Company: Metalloinvest opens a new
credit line for refinancing purposes
27-Oct-2020 / 09:27 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Metalloinvest opens a new credit line for refinancing purposes
Moscow, Russia - 27 October 2020 - 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 opening of a new credit
line with Gazprombank ("the Bank") in the amount of RUB 5 bn.
In line with its Debt Management Strategy, the Company has entered into a
new loan agreement with the Bank. The new credit line matures at the end of
2026.
The Company plans to use this credit line in order to partially refinance
and improve the commercial terms of its loan portfolio.
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If you have any questions, please contact us:
Artem Lavrischev
Investor Relations
E: ir@metalloinvest.com
T: +7 (495) 981-55-55, ext. 7243
Anton Troshin
Public Relations
E: pr@metalloinvest.com
Tel.: +7 (495) 981-55-55, ext. 7629
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
Holding Company USM LLC. Alisher Usmanov is the major beneficiary of Holding
Company USM LLC (49%).
ISIN: XS0918297382
Category Code: MSCM
TIDM: IRSH
Sequence No.: 86595
EQS News ID: 1143185
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 27, 2020 02:27 ET (06:27 GMT)
