NLMK Europe Plate €250 million syndicated revolving collateralised credit facility

Overview:

• NLMK Europe Plate - part of the NLMK Belgium Holdings group - secured a €250 million syndicated revolving collateralised credit facility from a group of four international banks.
• The facility was made available to group company borrowers in Belgium and Italy.
• Russia-based parent company Novolipetsk Iron & Steel Corporation (NLMK) served as guarantor for the facility, Deutsche Bank as coordinating mandated lead arranger, bookrunner and agent and ING, Société Générale and Natixis as original lenders.

Jon Moore - Journalist