KIEV, Jan. 18 – Ukrainian mining and metallurgical group Metinvest says that the net value of its assets in case of their immediate sale is less than $2.5 billion, according to a letter sent to holders of Metinvest's loan participation notes (LPN).

Metinvest says that the amount is needed to repay principal debt on the LPN with due regard to the creditors' priority list if the group becomes insolvent amid debt restructuring talks with its creditors and the bankruptcy procedure is initiated.