Metinvest fully redeems 2025 bonds

Metinvest B.V., the parent company of the international vertically integrated mining and metallurgical group of companies (Metinvest), announced the timely and full repayment of Eurobonds maturing in 2025. The final payment was made on June 17, 2025. Thus, the company continues to meet all its debt obligations even in an extremely challenging economic and security environment.

“Since the start of the full-scale invasion in 2022, Metinvest has already repaid two series of bonds, paying a total of nearly $600 million on this instrument,” said Yuriy Ryzhenkov, CEO of the group.

According to him, the payments were made despite the serious impact of the war on the company’s business model, in particular, the loss of operational control or the suspension of operations at certain enterprises in Ukraine. However, Metinvest maintains financial discipline and investor confidence, in particular through active debt management.

In December 2024, the company conducted a partial buyback of Eurobonds-2025 worth over $16 million as part of its strategy to reduce pressure on liquidity and smooth out its debt servicing schedule.

The bond redemption was further evidence of Metinvest’s financial stability and its ability to operate in crisis conditions while remaining a reliable borrower on international capital markets.

It should be noted that despite the loss of a significant portion of its assets, Metinvest remains Ukraine’s largest exporter and continues to invest in modernization, energy independence, and employee safety. Over more than three years of full-scale war, the group has allocated UAH 9.28 billion to support Ukraine. Of this amount, UAH 4.9 billion went to the army as part of the Steel Front initiative. Metinvest also remains the largest taxpayer in the mining and metallurgical sector: in 2024, it paid UAH 19.8 billion, and in the first quarter of 2025, it paid another UAH 4.4 billion.