Пресс-центр Группы Метинвест
December 03, 2012

Metinvest secures us$300 million three-year pre-export finance facility

Metinvest B.V., the parent company of the international vertically integrated steel and mining Group of companies (jointly referred to as “Metinvest”), today announced that it has secured a US$300 million 3-year pre-export finance facility (the “Facility”). The Facility pays an interest margin of 5.25% per annum over LIBOR and has a grace period of one year. The proceeds of the Facility will be used to fund the Group’s capital expenditure programme and for general corporate purposes.

Deutsche Bank AG acted as Coordinating Mandated Lead Arranger and Bookrunner, Natixis and ING Bank N.V. acted as Initial Mandated Lead Arrangers and Bookrunners for the syndication, while Raiffeisen Bank International AG acted as Mandated Lead Arranger.

Sergiy Novikov, Chief Financial Officer of Metinvest, commented: “As we stated at the time of the announcement of our financial results for the first half of 2012, we intended to raise around US$225 million before the end of the year, and we are very pleased with the high level of interest from the banks which allowed us to increase this amount to US$300 million. The secured facility will support the implementation of our revised long-term technological upgrade programme which prioritizes initiatives with the shortest payback period and is aimed at ensuring higher quality of products, reduced costs and enhanced operational efficiency.”

For editors:

METINVEST GROUP is a vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. The Group comprises steel and mining production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. Metinvest Group is structured into two operating divisions, Metallurgical and Mining Divisions, and has a strategic vision to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns at above the industry benchmarks. The Group generated US$6.7 billion of revenues and a 16% EBITDA margin for the first six months of 2012.

METINVEST HOLDING, LLC is the managing company of Metinvest Group.

For further information, please, visit www.metinvestholding.com

Investor contact:

Andriy Bondarenko
Investor Relations Manager
+38 062 388 16 24
ir@metinvestholding.com

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