Homburger advised Ferrexpo AG in connection with the successful USD 100 m fundraising

Ferrexpo AG (FAG) is a Swiss-headquartered producer and exporter of premium iron ore products with operations in Ukraine and a London-listed holding company. The Ferrexpo group (Ferrexpo) has supplied the global steel industry for more than 50 years and produces premium-grade iron ore products that help steelmakers reduce carbon emissions and increase productivity.

The net proceeds of the fundraising will be used to strengthen Ferrexpo’s liquidity position and support the resumption and continuation of operations during a period of ongoing operational and financial constraints.

Homburger advised Ferrexpo AG in connection with the successful USD 100 m fundraising, comprising a USD 60 m placing and a USD 40 m subscription by Ferrexpo’s largest shareholder, Fevamotinico S.a.r.l.

The Homburger team was led by Stefan Kramer and included Marco Rostetter and Fabrice Eckert (all Restructuring and Special Situations) as well as Samuel Fäh (Financing) and Stefan Oesterhelt (Tax).