Novolipetsk Steel adds ESG-tied incentive to €250m debt

In:

Metals and Mining

Region:

Europe

By Aife Howse

Russia-based Novolipetsk Steel (NLMK) has amended the terms of its existing four-year €250 million credit line. Originally closed in 2017, the debt is now tied to ESG targets. The same two banks remain on the deal, with ING taking the role of sustainability coordinator and UniCredit as facility...

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