Metalloinvest redeemed eurobonds for $750 mln

Metalloinvest has redeemed its debut eurobond issue. The eurobonds for a nominal amount of $750 mln were issued on the London Stock Exchange in 2011 with a five-year maturity period and an annual coupon rate of 6.5%.

The redemption of the debut Eurobond issue and coupon payments were executed in full and in accordance with the terms of the prospectus.

Metalloinvest currently has one outstanding eurobond issue in the amount of USD 1 bn. The notes were issued in 2013 with a seven-year maturity period and an annual coupon rate of 5.625%.