News
27 February 2024

UK steel trader raises £200m borrowing base

In:
Metals and Mining
Region:
Europe
By Max Thompson

UK-based steel trader European Metal Recycling sealed a £200 million borrowing base facility this month. Proceeds will be used to repay an existing RCF as well as corporate purposes. ING was facility and security agent. Lloyds was the documentation agent. Barclays, Rabobank and RBS were...

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