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Update: Metinvest scales back PXF
30 July 2010
After attracting an oversubscription in general syndication Ukrainian steelmaker Metinvest has scaled back its pre-export financing.
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Ukraine steel
Metinvest pre-export finanicng
Deutsche Bank PXF
Metinvest
After attracting an oversubscription Ukrainian steelmaker Metinvest has scaled back its pre-export financing.
Deutsche Bank is the sole bookrunner on the three-year deal which launched at $300 million. The deal carries a margin of 550 basis points over Libor and is the first Ukrainian syndication for 2010, and the second largest loan ever signed for a private Ukrainian business.
The...
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