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possible afterwards. Metinvest’s offer will expire on 11.59pm New York City time on Oct. 15. Offer results will be announced on Oct. 16, with tender settlement planned for Oct. 17. Metinvest intends to give priority in allocation of the new notes to noteholders who tender their METINV’23 notes for purchase. The purpose of the Offer is to proactively manage the redemption of the holding’s debt, extend its debt maturity profile and lower refinancing risks, Metinvest said in the announcement.
57 UKRAINE Country Report October 2019 www.intellinews.com
