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BRIEF-Metinvest completes final drawdown under ECA-covered loan
September 1, 2015 / 9:17 AM / 2 years ago

BRIEF-Metinvest completes final drawdown under ECA-covered loan

Sept 1 (Reuters) - Metinvest BV :

* Says it has completed final drawdown under a 25 million 10-year buyer credit facility covered by Euler Hermes Deutschland AG, German export credit insurance agency

* The facility bears an interest margin of 1.95 pct per annum

* The funds will be used to finance the construction of a pulverised coal injection (PCI) unit by Kuettner GmbH & Co. KG, a German industrial manufacturer, at one of Metinvest’s steelmaking facilities Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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