Metalloinvest received pre-export finance facility for $400 mln

According to the terms of the agreement, the new PXF is divided into two tranches:

$150 mln five-year tranche with a three-year grace period;
$250 mln seven-year tranche with a five-year grace period.

Both tranches have floating interest rates linked to LIBOR and will be redeemed in equal monthly instalments.

Coordinators and Mandate Lead Arrangers are UniCredit Bank Austria and Sberbank of Russia.