Press Room

Metalloinvest successfully executes put-option and kept in the market the full amount of RUB-denominated bonds series 02 and 03

7 February 2018

Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, today announces that it has successfully executed a put-option on its RUB-denominated bonds series 02 and 03 for a total amount of RUB 10 bn (“the Bonds”), and kept the issuance’s full amount in the market.

The Company set the coupon rate of the Bonds at 7.65% per annum for the following five years until its maturity.

Alexey Voronov, Finance Director of Management Company Metalloinvest, commented: “Successful execution of the put-option on our rouble bonds affirms that the investment community has highly rated the Company’s strong credit profile and its ability to fulfil its debt obligations. The coupon rate of 7.65% per annum is the lowest cost of borrowing Metalloinvest has achieved in its credit history for public rouble-denominated debt.”

The Bonds series 02 and 03 were assigned the credit rating “ruAA-” level (RAEX), and the Bonds are included in the Lombard list of the Bank of Russia and the Second Level Quotation List on MOEX.

Artem Lavrischev

Artem Lavrischev

Director of Investor Relations & Corporate Ratings Department
E-mail: ir@metalloinvest.com
Tel.: +7 (495) 981-55-55

For more information, please contact the Investor Relations Department:

 
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