Ruukki pulls in lenders as Outokumpu defies critics

The recently launched Eu330m deal for Finnish metals group Rautaruukki (Ruukki) is gaining traction in the market, with a couple of commitments already in as syndications in the Nordic market continue to pick up pace. Stainless steel rival Outokumpu, meanwhile, is defying initial critics and books on its Eu600m refinancing could close within a week, according to bankers close to the facility.

• 21 May 2009