DAVOS, Jan. 31 – Interpipe Pipe and Wheel Company plans to regain access to external financing soon thanks to the completion of its debt restructuring, which would allow the company to accelerate the launch of a project to build the Dniprostal electrometallurgic production facility (Dnipropetrovsk), according to Hennadiy Hazin, EastOne CEO and president.
"Interpipe is financing the project with its own funds. As soon as we finish the restructuring process and we have access to external financing [as part of our restructuring], we'll accelerate the processes," he told the press in Davos.
|