Ukraine’s Metinvest secures €23.6mn loan backed by Finnish ECA
Summary by Global Trade Review (GTR)
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Ukraine’s Metinvest secures €23.6mn loan backed by Finnish ECA
Ukraine-based metals and mining conglomerate Metinvest Group has closed a €23.6mn buyer credit facility with Deutsche Bank, backed by Finland’s export credit agency (ECA), Finnvera. Deutsche Bank is the sole arranger and lender for the loan, which has a tenor of 11.5 years and is provided to Metivnest’s Dutch parent company. The bank was advised by Norton Rose Fulbright. The funds will be used to purchase equipment from Finnish sustainability so…
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