Metinvest B.V., the parent company of the international vertically integrated mining and metals group of companies (hereinafter referred to as “Metinvest” or the “Group”), announced on June 18 that it had made the final payment on its obligations under the bonds due in 2025 on time and in full.
This was announced in a company’s statement, Ukrainian News Agency reports.
It is noted that since the start of the full-scale invasion in 2022, Metinvest has already repaid two series of bonds, paying a total of almost USD 600 million under this instrument.
“We fulfilled these obligations despite the significant impact of the war on the Group’s business model - in particular, the loss of operational control or the suspension of operations of a number of enterprises in Ukraine. In this context, the Group continues to operate in extremely difficult conditions,” said Yurii Ryzhenkov, CEO of Metinvest.
As Ukrainian News Agency earlier reported, in early April, the first ship of this year with coking coal from the USA, chartered by the Metinvest Group, arrived in Ukraine.
The main shareholders of the Metinvest Group are SCM (71.24%) and the Smart Holding Group (23.76%), which participate in the management of Metinvest on a partnership basis.
100% of SCM shares belong to businessman Rinat Akhmetov.
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