Metinvest lenders become bond investors in PXF refi

Michael Turner

April 30, 2018 11:15 am

Central Asia Metals PA 230x 150 — NORILSK, RUSSIA - FEBRUARY 22, 2017: Ore in the crushing department at the Talnakh Enrichment Plant, a subsidiary of the Polar Division of MMC Norilsk Nickel. Kirill Kukhmar/TASS | Kirill Kukhmar/Tass/PA Images

Metinvest, the Ukrainian metals and mining company, has refinanced the bulk of its pre-export finance (PXF) facility through the loan market, though some of its lenders have switched out of the loan to buy its concurrently issued bonds.

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Topics

Deutsche Bank Syndicated Loans Natixis Emerging Market Loans Emerging Markets UniCredit ING

MT

Michael Turner