MMK Redeems Series 19 Bonds

6 July 2016 (15:53)

UrBC, Chelyabinsk, July 6, 2016. Magnitogorsk Iron & Steel Works (MMK) decided to redeem its Series 19 bonds on the day their 6th coupon period ends, July 21, 2016, the company reports.

This decision pertains to all the bonds in the issue.

The company went through with the 5bn RUR bond issue on July 25, 2013; originally, the bonds were supposed to have been in circulation till 2023.


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