What will the bank hold in collateral if company defaults on loan (OJSC Ferrexpo Poltava Mining, Ukraine; OJSC Ferrexpo Yeristovo Mining, Ukraine; OJSC Ferrexpo Belanovo Mining, Ukraine)? How will they collect?
Why are they not getting a loan in the Ukraine or Russia?
I do not believe this is a good investment or good use of monies.
Comment on EIB_FRDOC_0001-0168
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Applications for Final Commitments for Long-Term Loans or Financial Guarantees in Excess of $100 million
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