Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
Dow Jones News
409 Leser
Artikel bewerten:
(1)

Metalloinvest Finance Designated Activity Company: Metalloinvest has closed the order book for the RUB 10 bn bond issue with a record low coupon rate

Metalloinvest Finance Designated Activity Company (IRSH) 
Metalloinvest Finance Designated Activity Company: Metalloinvest has closed 
the order book for the RUB 10 bn bond issue with a record low coupon rate 
 
17-Oct-2019 / 17:47 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
    Metalloinvest has closed the order book for the RUB 10 bn bond issue 
                       with a record low coupon rate 
 
 Moscow, Russia - 17 October 2019 - Metalloinvest ("the Company"), a leading 
      global iron ore and HBI producer and supplier, and one of the regional 
   producers of high-quality steel, today announces the pricing of its BO-03 
       series bonds for a total amount of RUB 10 bn through public offering. 
 
 During the bookbuilding period, investors placed 40 orders that resulted in 
   the issue being oversubscribed by 4 times. Following the bookbuilding the 
        coupon rate has been set at 7.15% with the initial price guidance of 
                                                                 7.30-7.45%. 
 
The BO-03 series bonds have a maturity period of 10 years (3,640 days) and a 
                                       put option in 5.5 years (2,002 days). 
 
 MOEX placement is scheduled on 23 October 2019. The issue is expected to be 
                       included into the Lombard list of the Bank of Russia. 
 
      The placement was arranged by VTB Capital, Gazprombank, Credit Bank of 
     Moscow, Rosbank, Sberbank CIB and Sovcombank. Sberbank CIB acted as the 
                                                            placement agent. 
 
       Alexey Voronov, Finance Director of Management Company Metalloinvest, 
                                                                  commented: 
 
         "We appreciate the investors' demand for the Company's bonds today, 
     resulting in the successful placement of RUB 10 bn issue with the final 
    coupon rate set at 7.15% and put option in 5.5 years. This is the lowest 
 ever coupon for the Company since its presence on the Russian debt market." 
 
The proceeds will be used to refinance BO-01 series bonds in the same amount 
within a call-option, which allows the Company to optimise the parameters of 
                                                         its debt portfolio. 
 
# # # # 
 
                                       For more information, please contact: 
 
Artem Lavrischev 
Director of Investor Relations and Corporate Ratings 
 
E: ir@metalloinvest.com 
 
T: +7 (495) 981-55-55, ext. 7243 
 
Anton Troshin 
 
Corporate Communications Department 
 
E: pr@metalloinvest.com 
 
T: +7 (495) 981-55-55, ext. 7629 
 
    Metalloinvest is a leading global iron ore and merchant HBI producer and 
      supplier, and one of the regional producers of high-quality steel. The 
Company has the world's second-largest measured iron ore reserve base and is 
                                  one of the lowest-cost iron ore producers. 
 
            Metalloinvest is controlled by Holding Company USM LLC. The main 
           beneficiaries are Alisher Usmanov (49%) and Vladimir Skoch (30%). 
 
ISIN:          XS0918297382 
Category Code: MSCL 
TIDM:          IRSH 
Sequence No.:  23810 
EQS News ID:   892069 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

October 17, 2019 10:47 ET (14:47 GMT)

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2019 Dow Jones News
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.