16:57 23.10.2023

Metinvest pays next coupon on 2026 eurobonds, continues to fulfill its debt obligations

2 min read
Metinvest pays next coupon on 2026 eurobonds, continues to fulfill its debt obligations

Metinvest B.V. (the Netherlands), the parent company of the international vertically integrated mining and metallurgical group of companies Metinvest, paid the next coupon on 2026 eurobonds and continues to fulfill its debt obligations, including to eurobond holders, despite the war in Ukraine.

“The payments were made according to plan. Metinvest takes a responsible approach to servicing the loan debt portfolio and adheres to its obligations to creditors, remaining a reliable partner,” the company’s press service told Interfax-Ukraine in response to a corresponding request.

As reported, Metinvest B.V. in April 2023 announced final payments on obligations under bonds maturing in 2023 on time and in full, despite the significant impact of the war in Ukraine on the group’s business.

Metinvest CEO Yuriy Ryzhenkov then noted that Metinvest's repayment of the 2023 bonds is a significant achievement in the context of the ongoing war and an important event among corporate issuers that are associated with Ukraine.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine - in Donetsk, Luhansk, Zaporizhia and Dnipropetrovsk regions, as well as in the countries of the European Union, Great Britain and the USA.

The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage it.

Metinvest Holding LLC is the management company of the Metinvest Group.

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