DJ PJSC Magnitogorsk Iron and Steel Works: MMK notifies about 2024 Eurobond coupon payment in June 2022
PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: MMK notifies about 2024 Eurobond coupon payment in June 2022 27-Apr-2022 / 11:00 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) notifies
about 2024 Eurobond coupon payment in June 2022.
13 June 2022 is the scheduled payment date for the next coupon payment on the MMK International
Capital Designated Activity Company ("Issuer") loan agreement funded by the issuance of USD500
MMK notifies about million aggregate principal amount of global bond certificates at 4.375%p.a. with maturity date
2024 eurobond coupon in 2024 ("Notes"), issued by the Issuer on 13 June 2019.
payment in June 2022
Given the existing uncertainty regarding the transfer and receipt of loan interest and coupon
income due to regulatory restrictions in various jurisdictions, particularly, cross-border
payments, MMK is considering legal options to facilitate the coupon payment on 13 June 2022. MMK
27 april 2022 encourages holders of the Notes to contact MMK as soon as possible to discuss and find an
acceptable solution, and requests the following information:
Magnitogorsk, Russia
-- type of Notes in holdings: Regulation S Notes (ISIN: XS1843434959) or Rule 144A
Notes (ISIN: US553142AA88);
-- the number of respective Notes in holdings;
-- the jurisdiction of the relevant holder of the Notes and (if different) the
jurisdiction of the account in which the relevant Notes are held.
The information could be provided to MMK at ir@mmk.ru with subject "Notes holder".
MMK has the sufficient liquidity cushion to meet its obligations on due dates, including the
Notes coupon payment, and will carry out the available actions to fulfill these obligations.
Investor Relations Department
Veronika Kryachko
+7 (915) 380-62-66
kryachko.vs@mmk.ru
Communications Department
Dmitriy Kuchumov
+7 (499) 238-26-13
kuchumov.do@mmk.ru
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ISIN: US5591892048 Category Code: MSCM TIDM: MMK LEI Code: 253400XSJ4C01YMCXG44 Sequence No.: 158040 EQS News ID: 1336755 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
April 27, 2022 05:00 ET (09:00 GMT)
