Perspective
30 May 2018
A ballsy solution: Metinvest's borrowing bounceback
In:
Metals and Mining
Region:
Europe
Despite finalising a lengthy debt restructuring in 2017, vertically integrated metals producer Metinvest returned to the debt markets in April to close the largest refinancing by a Ukrainian corporate to date. Not only has the borrower managed to extend its debt maturities, the combined bond and PXF refinancing has significantly lowered the overall cost of debt.
