Perspective
04 June 2015
Russia’s Metalloinvest signs dual ECA deal with international banks
Region:
Europe
Russian iron and steel producer Metalloinvest has signed a €267 million ($297 million) export credit agency (ECA) backed agreement with a club of international banks. This is one of the few such deals signed with a Russian producer so far this year, but demonstrates the capacity of both ECAs and banks to transact deals in the difficult circumstances.
