19
Nov
09:32
Ferrexpo secures new revolving credit facility
Swiss-headquartered iron ore pellet producer Ferrexpo has signed a new secured three-year revolving credit facility, Kallanish learns.
The committed credit facility of $195 million was arranged by BNP Paribas and includes a syndicate of six international lenders, Ferrexpo says in a statement. “The credit facility will amortise over eight quarters with final repayment on 31 December 2020 and will be used for general corporate purposes,” the company ad…
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Anonymous
Very good overview of the weekly steel market.
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