NLMK Group has completed repayment of its BO-07 series exchange bonds. The non-convertible, interest-bearing exchange bonds were issued for a term of three years for a total of RUB 10 billion. Ten million bonds with a nominal value of RUB 1000 each were issued in November 2011.
The company has also paid its 6th coupon interest with a total amount of RUB 446.3 million. The total coupon payments over the bond circulation period for this series therefore reached RUB 2,678 billion.
As a result, NLMK has completed its series BO-01 – BO-07 exchange bond programme, with a total nominal value of RUB 50 billion, approved by the NLMK Board of Directors in September 2009.
In September this year, NLMK Group completed repayment ahead of schedule of its BO-04 series three-year issue of non-convertible, interest-bearing exchange bonds for a total of RUB 5 billion.
This brought the remaining amount of NLMK ruble bonds in circulation to RUB 30 billion with buy-back options in 2015-2017. These bonds were issued as part of Programmes registered in 2011-2012.
About NLMK Group
NLMK Group (www.nlmk.com) is one of the leading steelmakers in the world, and the largest steel producer in Russia.
NLMK’s production facilities are located in Russia, Europe and the USA. The Company’s crude steel capacity is over 17 million tonnes per year, of which approximately 16 million tonnes are located in Russia.
The Group’s vertical integration allows for control of the entire production chain, from mining to final processing and delivery to our customers.
The Group produces a wide range of flat and long steel products. NLMK is the world-leading supplier of slabs and transformer steel, and the largest Russian supplier of HVA products, including pre-painted steel, galvanized steel and electrical steel, as well as long products.
The Company has a diversified sales topography, delivering products to over 70 countries around the world.
NLMK has a great competitive advantage in terms of cash cost among global manufacturers. The Company generated $10.9 billion in revenue and $1.5 billion in EBITDA in 2013.
NLMK is included in the TOP10 for corporate governance and transparency among Russian public companies by international ratings.
NLMK’s ordinary shares are traded on the Moscow Stock Exchange (ticker “NLMK”) and its global depositary shares on the London Stock Exchange (ticker “NLMK:LI”).
Media contact info: Sergey Babichenko +7 (916) 824 6743 babichenko_sy@nlmk.com Investor Relations contact info: Sergey Takhiev +7 (495) 915 1575 tahiev_sa@nlmk.com
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