31
May
11:16
Marcegaglia prepares for new acquisitions, investment
Italian tubemaker Marcegaglia has obtained a six-year credit facility of €1 billion ($1.07 billion) from a pool of Italian and foreign banks. These include Intesa Sanpaolo as a global coordinator and agent, BNP Paribas, Crédit Agricole CIB, Santander CIB and Unicredit, Kallanish learns from the steel firm.
The credit facility includes €700 million that will be used to refinance medium-term lines maturing between 2024 and 2026, €200m…
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Anonymous
Very good overview of the weekly steel market.
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