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Published on 2/27/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Russia’s Metalloinvest gives put dates for three series of 0.01% bonds

By Susanna Moon

Chicago, Feb. 27 – Russia’s Metalloinvest announced put options for the 0.01% series 01, 05 and 06 documentary bonds issued by holding company Metalloinvest JSC.

The notice periods for bondholders to exercise their put options are March 7 through March 16 for the series 1 and series 5 bonds and March 10 through March 19 for the series 6 bonds.

The exercise price was set at par.

Sberbank CIB is the agent for the put options.

Interest was set at 0.01% per year for the 7-20 coupons of series 01, 05 and 06 non-convertible interest-bearing documentary bonds issued by holding company Metalloinvest JSC, according to a company press release.

The issuer is a Moscow-based mining and metallurgy company.


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