Poltava Iron Ore receives USD 4.5 mln of USD 500 mln credit line from Ferrexpo

2 December 2008

Poltava Iron Ore (PGOK) has received the first USD 4.5 mln tranche of a 2.5 year USD 500 mln credit line at LIBOR+2.95% from parent Ferrexpo (FXPO). The loan agreement was signed July 22 and is due to be repaid on December 28, 2010.

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