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Altius Capital Conducted a Successful $120 million Debt Restructuring for Eurofinance Holding

November 21, 2024

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Euro Finance Ltd., founded in 1997, is a holding company managing 22 enterprises. It’s a key player in Ukraine’s ferrous metal recycling market, handling about 2 million tons of scrap metal yearly and controlling one-sixth of the sector. The company is also building a steel rolling mill in Kyiv region with a capacity of 1.8 million tons of steel products per year.

Altius Capital completed a debt restructuring for Eurofinance Holding, managing $120 million in bank debt. The process set a new repayment timeline, simplified payback terms with new financial tools, and improved the surety structure, stabilizing the company’s finances and securing lender agreement.

Alexey Rashchupkin, Managing Partner of Altius Capital: “We are proud to have worked with Eurofinance, a trusted client for over 10 years, with this restructuring. It keeps them strong in the market, protects jobs, and supports their sustainability.