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”), has repaid ahead of schedule USD 45,000,000 of its pre-export financing facility. After this settlement, the total outstanding under this line is US $ 228,000,000.

This became possible due to the high liquidity of the Group amid favorable conditions on the steel and iron ore markets. This repayment is due to Metinvest’s intention to release the planned principal payments over the next few months, which will provide additional flexibility in servicing the debt portfolio and underline the Group’s prudence in managing its obligations.

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