OREANDA-NEWS. Metinvest B.V., the parent company of the international vertically integrated steel and mining Group of companies (jointly referred to as “Metinvest”), today announces that it has repaid two credit lines.

The first facility was a USD 85 million revolving credit line from ING Ukraine issued in March 2012. The facility was repaid on 29 April 2013.

The second facility was a USD 175 million, three-year amortised stand-by credit line from Sberbank secured in March 2011. The line was repaid on 30 April 2013, ahead of schedule.

Both credit facilities were used for general corporate purposes and to finance Metinvest’s capital expenditures.