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GISMETEO.RU
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Metinvest pays $11 million to eurobond holders to reach restructuring
Journal Staff Report

KIEV, Feb. 10 – Metinvest mining and metal group has paid $11.25 million or 30% of coupon accrued and unpaid as of January 31, 2016 to holders of its eurobonds that will mature in 2016-2018, with whom the company plan to reach an agreement on bond restructuring.

The company said in a report on the Irish Stock Exchange, due to a lack of extra idle funds that could exceed $180 million in January 2016, the rest of the sum of accrued and unpaid coupon is capitalized.




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