Metinvest issued $333 mln Eurobonds
September 18, 2020
The investor demand for bonds equaled $1.6 billion.
Issue information:Volume: $333 mln
Coupon Rate: 7.65% annual
Coupon frequency: 6 months
Initial issue price: 98.429%
Placement: September 17, 2020
Maturity date: October 1, 2027
Spread to US Treasury bonds: 748.2 bp
Listing: Irish Stock Exchange
Bookrunners: MI-Intesa Sanpaolo, Deutsche Bank, Natixis and Raiffeisen Bank International.
Metinvest is a vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products.
Issue — Metinvest, 7.65% 1oct2027, USD
Country of riskUkraine
Redemption (put/call option)
М/S&P/F— / — / —
Company — Metinvest
Full nameMetinvest B.V.