KIEV, June 2 – The holders of Metinvest eurobonds, the largest Ukrainian mining and metallurgical company, have approved the restructuring of its securities maturing in 2017 and 2018, but voting on the issue maturing on May 20 failed due to a lack of quorum, the company said on the website of the Irish Stock Exchange.
According to the report, a meeting of 2015 eurobond holders will be postponed to a later date, which will be promulgated in the near future.
Metinvest, in connection with the events in Ukraine on May 7 repeatedly initiated amendments to the terms of its eurobonds maturing in 2015, 2017 and 2018 worth a total of $1.153 billion.
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