PXF amount more than met for Metinvest

Lenders have jumped at the chance to lend to Ukrainian metals firm Metinvest’s pre-export finance facility. The deal is still in documentation but is expected to sign soon for more than $500m, after launching into general syndication at $300m in January.

  • 11 Mar 2013

“There’s been a huge take-up from the market,” said a loans banker, adding that the deal size is “somewhere around the middle of $500m and $600m”.

This is well above the $350m that the firm was hoping to reach after the senior syndication phase closed in November.

Deutsche ...

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