On September 18, Metinvest intends to pay $13.22 million to the holders of eurobonds with the maturity date of December 31, 2021.
The sum consists of $6.7 million for August 18 – September 18, 2017 of non-guaranteed interest at 6.5795%, paid if the company has free funds over $180 million, as well as $6.318 million to cover the earlier capitalized non-guaranteed interest income.
After the payment the volume of eurobonds will decrease to $1.217 billion, of which $1.197 billion is the initial amount of the emission, and $20.138 million – capitalized interest income. (Ukrainian metal)