June 18, 2018 8:28 PM ET

Metals and Mining

Company Overview of Metinvest Holding, LLC

Company Overview

Metinvest Holding, LLC, through its subsidiaries, operates an integrated mining and steel company. The company produces iron ore raw materials; coke and coal products; and semi-finished and finished steel products, including slabs, billets, rolled products and pipes, carbon steel plates, hot-rolled coils, shapes and bars, rails, grinding balls, rails fasteners, large diameter pipes, and other value-added products. It also offers cargo transportation services that range from railway carriage to port operations; and customs clearance, cargo expediting, freight quantity control, laboratory tests, chartering of seaborne vessels, and ship's agency services. In addition, the company provides flux ...

117, Postysheva str

Donetsk,  83001

Ukraine

Founded in 2006

Phone:

380 62 388 1616

Fax:

380 62 388 1600

Key Executives for Metinvest Holding, LLC

Chief Executive Officer
Age: 41
Chief Financial Officer
Chief Operations Officer
Age: 50
Chief Information Officer
Chief Legal Officer
Compensation as of Fiscal Year 2017.

Metinvest Holding, LLC Key Developments

Metinvest Group Reports Earnings Results for the Month of August and First Half of 2017 and Operating Results for the Month of August 2017

Metinvest Group reported earnings results for the month of August and first half of 2017 and operating results for the month of August 2017. For the month, the company decreased its earnings before interest, taxes, depreciation, and amortization by 1.88% or USD 3 million to USD 157 million, having increased earnings by 1.78% or USD 13 million to USD 745 million. For the first half, the company reported boosted its earnings before interest, taxes, depreciation, and amortization by 45% or USD 259 million to USD 839 million, having increased net revenues by 36% or USD 1.033 billion to USD 3.913 billion year over year. The company cut its net profit by 20% or USD 18 million to USD 72 million year over year. Earnings were boosted generally due to recovery of prices for metalware, iron ore and coal. For the month, the company sold 269,000 tons of semi-finished material for USD 104 million: 182,000 tons of pig iron for USD 65 million, 32,000 tons of plate slabs for USD 13 million, 55,000 tons of billets for USD 26 million.

Metinvest Group Pays Close to USD 9 Million of Additional Fee to Holders of Notes with Maturity in 2021

The Metinvest Group has paid close to USD 9 million of additional fee to holders of its notes with maturity in 2021. The statement reads that the additional fee will be payable at the rate of USD 1.10431765582545 per USD 1,000 principal amount in respect of the relevant locked-up notes. on March 22, 2017, the Metinvest Group issued eurobonds mature in 2021 for a total of USD 1.2 billion and united four credit facilities for a total of USD 1.1 billion mature in 2021 in the frames of restructure of its liabilities. High Court of Justice of England and Wales approved the plan for restructuring the Metinvest group's debt on February 8, 2017. Holders of the Metinvest group's Eurobonds and the group's creditors approved the plan for restructuring its debt on February 6, 2017. The Metinvest group recently began the process of restructuring its debt. In addition to the company's Eurobonds maturing in 2016, 2017, and 2018, the restructuring process will include four syndicated pre-export finance loans.

The Metinvest Group Appoints Roberto Re as Managing Director of Metinvest Trametal and Ferriera Valsider

The Metinvest group has appointed Roberto Re to the post of managing director of Metinvest Trametal and Ferriera Valsider companies (both - Italy) from January 2017.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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