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19 Apr
13:37

Salzgitter secures 'green loan' for decarbonisation

Salzgitter AG has signed two export credit agency (ECA)-covered “Green Loan” financings to support the decarbonisation of its steel manufacturing operations. The total amount of €500 million ($532m) ECA-backed senior unsecured financing package consists of two tranches which involve the main plantbuilders of the technical conversion, Kallanish understands. A €300 million export credit facility is covered by SACE, the Italian Export Credit Age…
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