Metinvest repays part of the pre-export financing line ahead of schedule

Metinvest, an international vertically integrated group of mining and metallurgical companies (hereinafter – “Metinvest” or the “Group”) repaid US $ 150,000,000 ahead of schedule through pre-export financing. After this repayment, the amount outstanding under this line is $ 78,000,000.

This early maturity was supported by the Group’s strong financial performance and strong liquidity on the back of favorable steel and iron ore prices. In addition, this step will reduce dependence on debt capital and provide more flexibility in managing the debt portfolio.