Metinvest B.V. (Netherlands), the parent company of the Metinvest mining and metallurgical group, made another coupon payment of $ 19.4 million on recently issued Eurobonds (Eurobonds) maturing in 2029.
"We paid for the coupon, everything was on schedule in accordance with the group's contractual obligations, " the press service of "Metinvest " was told by the "Interfax-Ukraine " agency on Tuesday.
The previous coupon payment was made in May of the current year.
The term of the current coupon payment on Eurobonds-2029 is November 17, 2020.
"Metinvest " issued bonds-2029 on October 17, 2019 as part of the successful debut placement of bonds in two currencies by the group and the completion of the transaction to extend the maturity of Eurobonds in circulation. In particular, 10-year Eurobonds were placed for $ 500 million at 7.95% per annum and five-year Eurobonds for EUR300 million at 5.75% per annum.
Bonds-2029 were added to the high-yield CEMBI indices following their regular recalculation on November 29, 2019: CEMBI Broad and CEMBI Broad Diversified.
"Metinvest " is a vertically integrated group of mining and metallurgical enterprises. The group's enterprises are located mainly in Donetsk, Lugansk, Zaporizhzhya and Dnepropetrovsk regions.
The main shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%), jointly managing the company.
