Outokumpu has signed two new loan agreements totaling EUR 200 million
Outokumpu OyjPress releaseDecember 21, 2018 at 8.05 pm EET Outokumpu has signed two new loan agreements totaling EUR 200 million Outokumpu has today signed a EUR 120 million long-term Finnvera supported loan facility to finance its DeepMine project in Kemi, Finland. Approximately half of the project’s capital expenditure is expected to be financed by loans drawn under the new facility during 2019–2022 with planned maturity in 2030. The facility is secured, and it is guaranteed by Outokumpu Oyj. The facility includes financial covenants on gearing and loans to construction costs -