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Slovenia's SIJ extends maturity of loan taken from majority shareholder

Author Radomir Ralev
Slovenia's SIJ extends maturity of loan taken from majority shareholder Author: Sij. Licence: All rights reserved.

LJUBLJANA (Slovenia), September 27 (SeeNews) - Slovenian steel producer Slovenska Industrija Jekla (SIJ) has signed an agreement to extend the maturity of a loan taken from majority shareholder Dilon to the end of 2022, it said.

The original maturity date of the loan was December 31, 2021, SIJ said in a filing with the Ljubljana Stock Exchange on Friday.

In February, SIJ signed an agreement to receive a 1.5 million euro ($1.8 million) loan from Dilon.

Ljubljana-based Dilon controls 72.22% of the capital of SIJ, followed by the Slovenian government with 25% and the company itself with 2.77%, SIJ data showed.

SIJ is the largest vertically integrated metallurgical group in Slovenia. Its products hold leading positions on European and global niche steel markets.

($ = 0.85112 euro)

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