Metinvest Tests New Debt Demand After Redeeming 1 Bond With Cash
Updated
Updated · Bloomberg · Jun 12
Metinvest Tests New Debt Demand After Redeeming 1 Bond With Cash
1 articles · Updated · Bloomberg · Jun 12
Summary
Metinvest BV is gauging fixed-income investor appetite for a possible return to bond markets after covering an earlier bond redemption with cash this year.
Morgan Stanley is running a roadshow to test what pricing the Ukrainian steel and mining group could secure and to update investors on the business, people familiar with the meetings said.
The outreach stops short of a confirmed sale, indicating Metinvest is first assessing market access and borrowing costs before deciding whether to issue new debt.