Metinvest B.V. (Netherlands), the parent company of an international vertically integrated mining and metallurgical group, has paid another coupon on its 2029 Eurobonds and, despite the war in Ukraine, continues to meet its debt obligations, particularly to Eurobond holders.
“We can confirm the payment of the coupon on the 2029 bonds,” Andriy Burlakov, head of the Metinvest Group’s press service, told the agency “Interfax-Ukraine” in response to an inquiry.
The next coupon payment date for the 2029 Eurobonds is May 17.
“Coupon payment dates are May 17 and November 17 (each year),” according to the information regarding the 2029 bonds.
The coupon rate is 7.750% per annum.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its facilities are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in European Union countries, the United Kingdom, and the United States.
The holding’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.
