MAGNITOGORSK, Russia-Saturday 7 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) notifies about 2024 Eurobond coupon payment in June 2022.

U.S.$500,000,000 4.375 per cent. Guaranteed Notes due 2024 (the “Notes”) issued by MMK International Capital DAC (the “Issuer”)

Common Code: 184343495 / 111730628

ISIN: XS1843434959 / US553142AA88

Pursuant to the Trust Deed entered into between the Issuer, PJSC Magnitogorsk Iron & Steel Works and Citibank, N.A., London branch on 13 June 2019 (the “Trust Deed”), 13 June 2022 is the scheduled payment date for the next coupon payment for the Notes (the “June 2022 Interest”).

Given the existing uncertainty and restrictions regarding the transfer and receipt of funds (including, loan interest and coupon income) in various jurisdictions, in particular, c ... Read more »