Ferrexpo expects to restructure 5-year Eurobonds to the amount of $0.5 billion
Edited by Rhod Mackenzie / 2015-01-19 12:02:32
Mining company Ferrexpo with major assets in the Ukraine has offered to holders of its Eurobonds for $500 million with a maturity on April 7 of 2016 to exchange them for new securities, the unaudited financial report of the company for the first nine months of 2014 says.
Ferrexpo notes that it published its financial reports for the first nine months of 2014 in connection with the proposal on the Eurobonds exchange. At the same time, the details of the exchange are not specified.
