"Metinvest" once again confirms the fulfillment of its debt obligations, having paid the coupon for Eurobonds-2027


Source - Interfax Ukraine

Metinvest B.V. (Netherlands), the parent company of the international vertically integrated mining and metallurgical group of companies, reaffirms the continued fulfillment of its debt obligations, in particular to bondholders, despite the war in Ukraine.

"Metinvest continues to service its loan portfolio in full, including scheduled payments from Eurobonds. Thus, the last coupon from bonds maturing in 2027 was fully paid on September 1, 2022," the company's press service reported.

The company specified that, in particular, "the group is helped in this by the significant diversification of its assets both from the standpoint of the product portfolio (iron ore concentrate and pellets, coking coal, semi-finished products, flat and long rolled products), and the placement of the assets themselves (Ukraine, EU, Great Britain , USA).