KYIV, Nov 23 – The European Bank for Reconstruction and Development (EBRD) has provided another senior loan of $150 million to ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) for financing of working capital needs of the company to ensure the continuity of operations in Ukraine.

"The provision of a senior loan of up to $150 million to Ukraine based JSC ArcelorMittal Kryvyi Rih, a joint stock company majority owned by ArcelorMittal Group. Project Objectives: the Loan will be used for financing of working capital needs of the company to ensure the continuity of operations in Ukraine," the EBRD said.