KYIV, Dec 15 – The European Bank for Reconstruction and Development (EBRD) will provide a $100 million loan to ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) to replenish working capital.

"The loan will be used for financing of the working capital needs of the company to ensure the continuity of operations in Ukraine," the bank said.

The bank's board approved the project at a meeting on December 14.