Press Room

Metalloinvest announces new PXF deal

11 January 2018

Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has signed an agreement with a ńlub of banks for a USD 240 mn pre-export finance facility (the “PXF-2018”). New PXF has 5-year tenor with a 4-year grace period, interest rate is linked to LIBOR.

The purpose of PXF-2018 is to refinance all existing USD-denominated debt of the Company due in 2018–2019 and to improve maturity profile and costs of borrowings. Disbursement of funds will be effected after completion of certain typical conditions precedent.

The deal was supported by eight financial institutions from Europe and Russia.

Artem Lavrischev

Artem Lavrischev

Director of Investor Relations & Corporate Ratings Department
Tel.: +7 (495) 981-55-55

For more information, please contact the Investor Relations Department:


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