KYIV, Oct 2 – Metinvest mining and metallurgical group has placed 10-year $500 million eurobonds at 7.95% per annum and five year EUR 300 million eurobonds at 5.75% per annum, a source in banking circles has told Interfax-Ukraine.
The total demand for both tranches amounted to more than $1.1 billion in U.S. dollar equivalent.
The benchmark yield on bonds in U.S. dollars was 7.75-7.99% per annum, in euros – 5.75% per annum.
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