Metallum’s documentation talks drag on

By Olivier Holmey
29 Aug 2013

Switzerland's Metallum expects to allocate its €295m loan package next week, more than a month after it received final commitments from investors on August 2.

Lengthy discussions with lenders over the details of the documentation delayed the completion of the process. The metal recycling and processing company only recently finalised the documents and is giving lenders several days for the signing.

The structure and pricing of the debt have not changed since its ...

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