Metinvest paid another coupon for 2026 eurobonds

The company continues to comply with all obligations to creditors

Metinvest B.V. (Netherlands), the parent company of an international vertically integrated iron and steel group of companies, paid the next coupon on 2026 eurobonds. It is stated in a message on the company’s website.

According to the data of the group, the volume of Eurobonds-2026 in circulation is $493.87 million. The interest rate of the coupon is 8.5% per annum. The maturity date is April 23, 2026.

The company continues to fulfill its debt obligations, in particular to the holders of Eurobonds, 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 commented for Interfax-Ukraine on the request of the agency.

In April 2023, Metinvest B.V. announced about final payment for obligations under bonds due in 2023. They were repaid on time and in full. As Yuriy Ryzhenkov, CEO of the Metinvest group, noted, this is a significant achievement in wartime conditions and an important signal for corporate issuers related to Ukraine.

As GMK Center reported earlier, Yuriy Ryzhenkov in an interview for FAQTalks with the director of corporate communications of the company Oleg Davydenko remarked, that Metinvest, despite the full-scale war, is able to work with creditors and investors, as well as make some local investments for the improvement of the group’s enterprises. According to him, the company will continue to service its debts and obligations to investors in the near future. As for further development opportunities, the group has plans for investments in European assets and M&A.