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GISMETEO.RU
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Metinvest postpones deadline for closing on restructuring deal
Journal Staff Report

KIEV, Oct. 21 - Metinvest international vertically integrated mining and steel group has postponed the deadline for closing the deal on restructuring the eurobonds of Metinvest B.V. parent company (the Netherlands) from November 30 until December 31.

According to a report by the issuer on the website of the Irish Stock Exchange, the company is holding final negotiations for signing an agreement on debt restructuring. It is expected that the deal, which will start the restructuring process, will be officially announced before November 30, and then some more time will be required to close the deal. For this purpose the deadline of the deal closure will be considered on December 31, 2016.




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