Eurobonds
Currently there are 3 outstanding Eurobonds issues
- $500m 7-years Eurobond (balance outstanding - $295.823m) with annual coupon rate of 4.00% due in 2024
- $500m 7-years Eurobond with annual coupon rate of 4.70% due in 2026
- €500m 5-years Eurobond with annual coupon rate of 1.45% due in 2026
Update on NLMK Group noteholders' consent solicitation:
NLMK Group press release as of 27 September 2022 «NLMK Group provides update on noteholders' consent solicitation»
NLMK Group press release as of 20 September 2022 «NLMK Group provides update on noteholders' consent solicitation»
NLMK Group press release as of 13 September 2022 «Nlmk Group provides update on noteholders' consent solicitation»
NLMK Group press release as of 6 September 2022 «Nlmk Group provides update on noteholders' consent solicitation»
Actual information regarding NLMK's coupon payments:
| Issuer | Steel Funding D.A.C. |
| Company (borrower) | Novolipetsk steel |
| Amount of issue | $500,000,000 |
| Date of placement | September 21, 2017 |
| Maturity date |
September 21, 2024 |
| Coupon rate | 4.00% |
| Listing | Irish Stock Exchange, Ireland |
| Security type | Registered security |
| Code |
Regulation S: Common Code: 157795317 ISIN: XS1577953174 Rule 144A: Common Code: 111731209 ISIN: US85812RAA77 CUSIP:85812R AA7 |
| Joint lead managers |
J.P. Morgan Securities plc Société Générale, ING Bank N.V. UniCredit Bank AG |
| The next following date of record for Russian depositories* | September 5, 2023 |
| Issuer | Steel Funding D.A.C. |
| Company (borrower) | Novolipetsk steel |
| Amount of issue | $500,000,000 |
| Date of placement | May 30, 2019 |
| Maturity date |
May 30, 2026 |
| Coupon rate | 4.70% |
| Listing | Irish Stock Exchange, Ireland |
| Security type | Registered security |
| Code |
Regulation S: ISIN: XS1843435337 Common Code: 184343533 Rule 144A: ISIN: US85812RAB50 CUSIP:85812RAB5 |
| Joint lead managers |
J.P. Morgan Securities plc Société Générale, ING Bank N.V., London Branch, UniCredit Bank AG |
| The next following date of record for Russian depositories* | November 14, 2023 |
On 2 June 2021, the Group placed its €500m 5-years Eurobond with an annual coupon rate of 1.45%. The issuer of the offering was Steel Funding D.A.C. Currently Eurobonds has following credit ratings: BBB (Fitch), Baa2 (Moody’s).
| Issuer | Steel Funding D.A.C. |
| Company (borrower) | Novolipetsk steel |
| Amount of issue | €500,000,000 |
| Date of placement | June 02, 2021 |
| Maturity date | June 02, 2026 |
| Coupon rate | 1.45% |
| Listing | Irish Stock Exchange, Ireland |
| Security type | Registered security |
| Code |
Regulation S: Common Code: 234692275 ISIN: XS2346922755 Rule 144A: Common Code: 234692291 ISIN: XS2346922912 |
| Joint lead managers |
J.P. Morgan Securities plc, Merrill Lynch International, Société Générale |
| The next following date of record for Russian depositories* | May 17, 2024 |