Metinvest, the vertically integrated group of steel and mining companies, is pleased to note the inclusion of two of its bond issues in the JPMorgan Corporate Emerging Markets Bond Index series (CEMBI), a global benchmark tracking US-dollar denominated debt issued by emerging market corporations.
The bonds were issued on April 23 following the successful completion of the group’s refinancing transaction, and are due in 2023 and 2026. They were added to the CEMBI family of indices effective May 24 after a regular review on its rebalance date.
Metinvest’s 2023 and 2026 bonds both met the criteria to be included into the CEMBI, CEMBI Diversified, CEMBI Broad, CEMBI Broad Diversified and CEMBI High Yield indices. (SCM/Ukrainian metal)