During late April, Metinvest, the vertically integrated steel and mining group of companies based in Kiev, Ukraine, refinanced its $2.3 billion of debt, by issuing two tranches of bonds and amending and restating its pre-export finance (PXF) facility. As a result, Metinvest issued $1.6 billion in new bonds and secured $765 million in the PXF facility. New incremental proceeds from the combined transaction amounted to approximately $205 million.

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