Metalloinvest announces Eurobond redemption

Moscow, Russia - 22 July 2016 - Metalloinvest has redeemed its debut Eurobond issue.
The Eurobonds for a nominal amount of USD 750 mn 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%.

 

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For more information, please contact the Investor Relations Department:
 

Artem Lavrischev
Head of Investor Relations
E: ir@metalloinvest.com
T: +7 (495) 981-55-55


 

_{Metalloinvest is a leading global iron ore and HBI producer and supplier, and one of the regional high quality steel producers. The Company has the world's second largest measured iron ore reserve base under its operation with the key-note iron ore production cost efficiency.}

_{Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the major beneficiary of USM Holdings (48%), with other major beneficiaries being the companies of Vladimir Skoch (30%) and Farhad Moshiri (10%).}