Ukrainian steel giant Metinvest considers issuing new bonds to address $430 million maturing debt

Glonghui, February 24th — Ukrainian steel giant Metinvest is reportedly exploring the possibility of issuing new bonds to pay for nearly $430 million in bonds maturing in April. The company has previously held negotiations regarding a potential restructuring. Earlier this month, the company suspended talks with some bondholders on restructuring its $1.25 billion debt and stated that it would explore "alternative liability management transactions."