NLMK according to the results of the tender made the decision on redemption of Eurobonds maturing in 2018 (ISIN XS0808632847) in the amount of $252,014 million bond maturing in 2019 (ISIN XS0783934325) in the amount of $65,371 million, it said in a statement.
The buyout offer was extended to all paper editions.
The redemption price of securities with maturity in 2018 will be $1017,50 $1000 of principal, maturing in 2019 – $1053,75.
At the time of announcement of the tender, the issue volume in circulation of bonds maturing in 2018 was $396,159 million bond maturing in 2019 is $211,109 million
After the redemption issue amount of bonds maturing in 2018 will be $144,145 million bond maturing in 2019 is $145,738 million
The settlement date for the securities is scheduled for 26 September 2017.
The funding program is carried out by placement of new Eurobonds.