En+ Group refinanced loan from VTB

The new agreement stipulates a repayment schedule linked to the company’s cash flow forecast, as well as several early repayment options (e.g. in case that financing is attracted from the capital markets).

En+ Group CEO Maxim Sokov commented: “The refinancing creates comfortable prerequisites for the Group’s sustainable growth – of both the existing businesses and new promising projects. The availability of long-term financing on attractive terms testifies to the stable financial position of the company. Refinancing of VTB facility completes the restructuring of overall credit portfolio of En+ Group”.