Outokumpu inks €400 million credit facility agreement

Thursday, 05 April 2012 11:08:12 (GMT+3)   |  
       

Finland-based stainless steel producer Outokumpu has announced that it has signed a €400 million revolving credit facility to cover working capital needs.
 
The credit facility will become available following the completion of the acquisition of Inoxum, the stainless steel unit of the German steel giant ThysssenKrupp. The company said that the maturity of the credit facility is June 2013.

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