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FXPO — Ferrexpo News Story

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Brief: Ferrexpo Signs $15 Million Loan Facility With Shareholder Fevamotinico

BRIEF-Ferrexpo Signs $15 Million Loan Facility With Shareholder Fevamotinico

- Ferrexpo PLC FXPO.L:

  • FERREXPO PLC - US$15 MILLION LOAN FACILITY FROM FEVAMOTINICO

  • FERREXPO - LOAN BEARS INTEREST AT 9.75% PER ANNUM AND MATURES IN 12 MONTHS

  • FERREXPO - LOAN IS PRE-PAYMENT OF PART OF FEVAMOTINICO'S $40 MILLION SUBSCRIPTION UNDER FUNDRAISE

  • FERREXPO: LOAN INCLUDES STANDSTILL PROVISION PURSUANT AGREED WITH FEVAMOTINICO

Source text: ID:nRSH7584Ta

Further company coverage: FXPO.L


((Reuters.Briefs@thomsonreuters.com;))

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