US companies of the NLMK Group - NLMK Indiana, NLMK Pennsylvania, Sharon Coating and NLMK North America Plate - have attracted a loan in the amount of $250 million, the company informs.
The lenders were Bank of America, JPMorgan Chase Bank and Citibank. Coordinator and bookrunner was Bank of America Merrill Lynch. The guarantor on the loan is NLMK.
As of September 30, 2016, the NLMK’s net debt amounted to $687 million. The ratio of the net debt to the EBITDA was 0.39, and the total debt - $2.5 billion.
Production assets of the NLMK Group are located in Russia, Europe and the United States. The NLMK's main shareholder is Vladimir Lisin (84%).