Press Room

Metalloinvest announces BO-09 series exchange bonds issue

24 April 2019

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 the pricing of its BO-09 series exchange bonds for a total amount of RUB 5 bn.

Following the bookbuilding the coupon rate has been set at 8.85%. The bonds have a maturity period of 10 years (3,640 days). Moscow Exchange placement will take place on 29 April 2019.

According to the issue parameters, there are two implied options:

  • Call option at 100.50% of the nominal value in 4 years (after the 8th coupon period)
  • Put option at the nominal value in 7 years (after the 14th coupon period)

Gazprombank has been acting as the Lead Manager and Underwriter of the placement.

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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