KYIV, Oct 4 - The European Bank for Reconstruction and Development (EBRD) is organizing a long-term loan for ArcelorMittal Group in the amount of up to EUR 350 million to finance capital investments in ArcelorMittal Kryvyi Rih.

EBRD Senior Advisor Anton Usov told Interfax-Ukraine the corresponding project was approved by the EBRD board of directors on Wednesday, while the signing of necessary documents is scheduled for the coming month.